This country-specific Q&A gives a pragmatic overview of the
law and practice of insurance & reinsurance law in the
United Arab Emirates (UAE).
It addresses topics such as contract regulation,
licensing, penalties, policyholder protection, alternative dispute
resolution as well as personal insight and opinion as to
the future of the insurance market over the next five years.
This Q&A is part of the global guide to Insurance &
Reinsurance. For a full list of jurisdictional Insurance &
Reinsurance Q&As visit
http://www.inhouselawyer.co.uk/index.php/practice-areas/insurance-reinsurance
How is the writing of insurance contracts regulated in the
jurisdiction?
Compared to many mature markets, the regulation of specific
policy language in the UAE is somewhat limited. Firstly, it must be
understood that the UAE is a federal entity, with both a central
government, and the governments of the several Emirates that
comprise the UAE, exercising concurrent regulatory
