Insurance Disputes In The UAE – Some Useful Pointers

Handling disputes in a foreign jurisdiction can prove to be a challenge and more so in a unique jurisdiction like the UAE, which boasts different sets of laws for onshore and offshore (freezone) companies. We provide below a brief snapshot of the basics for insurance disputes in the UAE as well in the Dubai International Financial Centre (DIFC), the most sought after offshore location in the UAE for Insurers/Reinsurers. For a detailed view on any of the following, or to ascertain how a dispute will fair within the current statutory framework, please feel free to contact us.

What remedies are available for breach of an insurance policy?

Insurer

Pursuant to Article 1033 of the Civil Code, an insurer may terminate a policy for breach of disclosure obligations under the contract, but can only retain the premium if the insured acted in "bad faith". In the case of life insurance, pursuant to Article 1052 of the Civil Code, if the assured provides