New UAE Insurance Authority rules mean added costs
The cost of doing business for brokers in the UAE is set to rise significantly because of new legislation introduced by the Insurance Authority.
Insurance Authority
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uae insurance reg overhaul met with silence
The publication of proposed new regulation for the insurance industry in the UAE last week has so far been met with a wall of silence from international life offices with a presence there.
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new regs will combat mis selling and raise
New regulations proposed by the Emirates Insurance Authority will go some way to tackling mis-selling and will help raise standards within the broker community, according to Fareed Lufti, secretary general of the Emirates Insurance Association (EIA).
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uae brokers face sweeping and punitive
The Emirates Insurance Authority (IA) has published a draft of new laws which will introduce sweeping changes to the regulation of insurance brokers based in the United Arab Emirates.