The UAE insurance market under watch

regulatorThe insurance regulator reaffirms its commitment to stabilize the market in the Emirates. In fact, the insurance companies, particularly those which have sustained financial losses, are being closely monitored.

The authority also ensures the implementation of the Emiratisation of the sector. According to local regulations, any insurer with less than 12% of the total number of Emirati employees, is liable to a fine.

Read also | Life insurance: a revised regulation in the UAE

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