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Insurance Changes on the Way in the UAE
Raghad Hammad […]
BSA Ahmad Bin Hezeem & Associates
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 […]
During the last couple of years, several towers in Dubai have burst into flames. Tamweel Tower in Jumeirah Lakes Towers in November 2012, The Torch in Marina in February 2015, Address Hotel in Downtown on New Year’s Eve 2015, Sulafa Tower in July 2016: just to name […]
Iran Sanctions Agreement
The 14th July announcement that the Islamic Republic of Iran and the E3 + 3 nations (the United States, Great Britain, France, Germany, Russia and China, together also known as the P5 + 1) have, after long running negotiations, entered into a comprehensive agreement whereby Iran […]
As population and legislative change drives GCC insurance market growth, Michael Kortbawi and Amira Janine El Masry of Bin Shabib & Associates look at the current regulatory position.
What is happening and why?
“According to a report by A.M Best on insurance market growth in emerging markets […]
Rima Mrad, a Partner at Dubai-based law firm Bin Shabib & Associates, has stated these new requirements should be a positive step for the UAE’s brokerage sector, improving standards and encouraging mergers and acquisitions.
For the first time, the new rules will require broker firms to […]