Insurance Authority
Hansard joins forces with IA regulated insurer in UAE
Hansard International has signed a strategic deal with a ‘major local insurer’ in the UAE which is regulated by the Insurance Authority.
Middle East | 12 Jan 17
UAE commission ban may face ‘two-year delay’
The UAE Insurance Authority (IA) is to issue a new draft and open a fresh consultation on plans to tackle high fees and hidden commissions in the life industry after requests for a ‘two-year delay’, sources have told International Adviser.
Middle East | 4 Jan 17
DFSA rules out ban on commission, Insurance Authority update
The Dubai Financial Services Authority (DFSA) has no proposals to ban commission, according to chief executive Ian Johnston.
Middle East | 22 Dec 16
Are game-changing UAE regulations sinking in yet with advisers?
There will be a massive impact on the financial services industry if the UAE Insurance Authority’s proposed clampdown on fees and commissions comes into effect in 2017, says Philip Cernik, chief marketing officer of Friends Provident International.
Best Practice | 22 Nov 16
Game-changing UAE insurance regulation: what does it mean?
Life and investment product providers, fund managers, and intermediaries need to swiftly absorb what the potentially game-changing regulation for the UAE’s life insurance industry means for their business and be ready to provide their feedback before the 30 November cut-off date, say Tom Bicknell, Wayne Jones, and Peter Hodgins of international law firm Clyde & Co.