BSA Ahmad Bin Hezeem & Associates

Raghad Hammad

The Legal 500: 2nd Edition Insurance & Reinsurance Comparative Guide

Michael Kortbawi and Raghad Hammad contribute to the UAE Chapter of  The Legal 500: 2nd Edition Insurance & Reinsurance Comparative Guide.

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 […]

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New Insurance Authority regulation to impact insurance consultants

May, 2018

by Raghad Hammad and Nour Gemayel


Published on May 20th, 2018, Decision No. (12) of 2018 issued by the United Arab Emirates (“UAE”) Insurance Authority regulates the licensing and registration of insurance consultants and organizes their operations.

The strict requirements introduced will allow the UAE Insurance Authority […]

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New VAT Implications Impacting The Region – Key Measures To Consider For Insurers In The GCC


It is crucial for businesses to start the preparation process early, as an understanding of the potential impact of VAT on the business will reduce friction in the ongoing process. VAT liabilities are generally self-assessed, with errors often leading to harsh penalties, time-consuming interactions with […]

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New UAE Funds Regulation and its Effect on Insurers

New UAE Funds Regulation and its Effect on Insurers

In June 2016, the UAE Securities and Commodities Authority (the “Authority”) issued Authority Chairman Resolution No. (9/R.M) of 2016 Concerning the Regulation of Mutual Funds (the “Regulation”), which will become effective upon publication in the Official Gazette […]

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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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Legal update: Insurance Authority Resolution

The UAE Federal Insurance Authority (IA) has recently issued its new Resolution 7 of 2015, amending Resolution 9 of 2011 (issued by the Board of Directors of the Insurance Authority), concerning the instructions to license and regulate the control of the activities of the companies to manage medical […]

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Tightening the screw – Insurance Authority Prudential Regulations

Recent moves in the UAE and Oman mean an increasingly regulated Islamic Insurance sector throughout the GCC region. Barry Greenberg and Raghad Hammad of BSA examine these changes and their impact.

What’s happening and why?
The UAE has recently enacted new prudential Takaful regulations covering the Takaful […]

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Insurance Authority Prudential Regulations

The recently issued Insurance Authority Prudential Regulations, 25 and 26 of 2014 (collectively the”Regulations”), have been a long awaited and much discussed development in the basic methodology underlying the manner in which the financial affairs of insurers in the UAE are regulated. The new requirements represent a […]

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