Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Nov 2015

Country Profile


Country Profile - UAE: Finding sustainable success

There is growing consensus that the UAE insurance market is not at its best, and operators need to take the initiative to put the sector on the right track before seeking any regulatory intervention. Meanwhile, the larger players can help by leading by example to create a healthy and profitable business environment. These were some of the concerns aired at a recent MEIR roundtable on the UAE insurance market.


Country Profile - UAE: UAE insurance brokers' market: No longer a "Wild West"

Mr Barry Greenberg of BSA Ahmad Bin Hezeem & Associates LLP assesses the UAE Insurance Brokerage Regulations nearly two years after their enactment, and how they have reformed the market.

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Country Profile - UAE: Regulations leading the way

The UAE is one of the first insurance markets in the region to adopt standards based on Solvency II. Mr Fadi B Nader of Levant Law Practice examines the new rules.

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Country Profile - UAE: Supporting SME growth with credit insurance

Mr Abdo Rahi of the Lebanese Credit Insurer (LCI) looks at how trade credit insurance can support the growth of small and medium enterprises (SMEs), which form the backbone of the economy in the UAE.

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Country Profile - UAE: Abu Dhabi Global Market: Emerging from the DIFC's shadow?

The Abu Dhabi Global Market (ADGM) has introduced the regulatory, commercial and legal framework needed in a thriving financial community. Mr David Parker of Berwin Leighton Paisner examines the draft insurance proposals and looks at whether the ADGM will establish itself as a real competitor to the DIFC.

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Takaful Country Profile: UAE - Takaful in the UAE: Time for a change?

Recent regulatory changes are likely to increase the pressure on the UAE's takaful operators, but for those capable of adapting, there are significant opportunities, says Mr Peter Hodgins of Clyde & Co.

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