239 results found

Under the new AML guidelines ("New Guidelines"), licensed financial institutions in the insurance sector are now required to be vigilant in matters of life insurance and other related insurance...

The life insurance sector in the UAE will change significantly in 2020 following the issue of comprehensive new life insurance regulations by the Insurance Authority

A joint financial services regulator, which will fundamentally change regulation of the insurance sector in the United Arab Emirates, could be established in 2020.

Car accidents can occur due to a variety of reasons; more often than not, negligence constitutes a key contributing factor. The statistical analysis of the number of car accidents in the UAE...

The United Arab Emirates (UAE) joined the Convention on Limitation of Liability for Maritime Claims, 1976 (the "Convention") by virtue of the federal decree No. 118/1997.

As discussed in a previous bulletin (see here), the Health Insurance Law for the Emirate of Dubai (No. 11 of 2013) (Health Insurance Law) was introduced in 2014 and will be implemented in phases up until June 2016.

The Dubai Multi Commodities Centre (DMCC) has issued a circular ("Circular") on 1 July 2025 directing all DMCC-licensed entities engaged in insurance and insurance-related activities...

The Insurance Authority issued the Board of Directors' Decision No. (49) of 2019 Concerning Instructions for Life Insurance and Family Takaful Insurance ("Life Regulations") in October 2019

CIF contracts include cost, insurance and freight. A CIF contract is a type of contract which is more widely and more frequently in use than any other contract used for the purposes of seaborne commerce.

The UAE has been proactive in developing its space law framework, established upon Federal Law No. 12/2019, which originally outlined regulations for the space sector.

Circular No. (3) of 2020 on Precautionary and Preventive Measures to Maintain Public Safety, Health and Prevent Spread of Coronavirus (COVID-19) ("COVID-19 Circular")...

The DFSA and the UAE Insurance Authority combine forces to take action against non-compliant players.

On the 27th of June 2022, Dr. Abdulrahman Abdul Manan Al Awar, Minister of Human Resources and Emiratization issued Ministerial Decision No. 318/2022 concerning Bank Guarantees and Employee Protection Insurance (hereinafter referred to as "New Decision'').

The Central Bank of UAE (CBUAE) has issued Circular 1/2025 on the Representation Offices of Foreign Insurance Companies and Foreign Reinsurance Companies Regulation...

The Dubai Health Insurance Corporation (DHIC), under the Dubai Health Authority (DHA), has issued a sweeping new Health Insurance Claims Management Policy Directive...

The Middle East currently places much of its capacity through the global reinsurance markets, where much of the risk is ceded out to these markets, according to Mr Simon Isgar,

International Private Medical Insurers (IPMI) have been watching closely and waiting for news on Qatar's new Mandatory Health Insurance Scheme to anticipate how this may affect their product offerings and distribution in the region.