BSA Ahmad Bin Hezeem & Associates

Insurance & Reinsurance

Lost in Translation

As a market participant, it is crucial to effectively communicate with the regulator to avoid pitfalls that arise out of misunderstandings with regard to expectations and applicable standards, explains Barry Greenberg.

Anyone engaged in the UAE insurance market, whether on behalf of an insurer, claims administrator, broker, advisor […]

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New measures seek to address fire safety risks at Dubai’s tall towers

On Wednesday, 20 July 2016 saw the Sulafa Tower in the Dubai Marina, a 78-storey high-rise residential building, suffer extensive fire damage as a result of the spread of a fire on the exterior of the building.

This building is recorded as having 702 apartments with […]

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Gulf Shipping Insurance Trends: 2016

The first half of 2016 has justified what many analysts have forecasted in regards to the shipping insurance sector in the Gulf Region – that it will maintain the trends witnessed in 2015, with one salient exception – Iran. Regional developments have not necessarily spiraled, but economic conditions have not […]

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Takaful in Iran: New Frontier or False Dawn?

The lifting of sanctions in Iran could give a major boost to what is already Mena’s dominant Takaful market – but a lack of transparency and fragmentation in the global Takaful industry is clouding the true extent of its potential.
Iran
The easternmost country of the Middle East […]

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D&O Liability Insurance Conference

Speaker at the 25th D&O Liability Insurance Conference.

Hosted by C5, at Grange Tower Bridge Hotel, London, UK on 8 – 9 March 2016.

Topic: The Impact of International Sanctions on D&O Liability Policies

Presenter: Michael Kortbawi, Partner

Michael alongside two other speakers covered:

How […]

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DIFC Insurance Regulations – proposed amendments

The Dubai Financial Services Authority (DFSA), which regulates all Financial Services within the Dubai International Financial Center (DIFC), in November, 2015, issued its Consultation Paper No. 103 (CP103), proposing changes in how entities engaged in providing insurance related products and services will be regulated. This is of keen […]

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Mena Insurance Awards 2016

The annual MENAIR Insurance Awards recognise and reward those Mena based insurers, reinsurers and brokers that have demonstrated exceptional customer service and innovative product development over the past 12 months.

Senior Associates, Barry Greenberg and Raghad Hammad attended the awards ceremony, that took place on Wednesday, 27 January […]

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New Year’s Eve: The Dubai Address Fire

The New Year arrived in Dubai, UAE, with more than the usual amount of spectacular fireworks this year, as anyone of the hundreds of thousands of people who gathered around the Burj Khalifa this past Thursday evening in anticipation of the annual New Year’s Eve fireworks, can […]

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