Magazine

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

Nov 2021

Market Profile


UAE

BOD-49: A revolution in regulation

The shift from the Insurance Authority to the Central Bank of the UAE coupled with the introduction of BOD-49 mark the biggest changes to the insurance regulatory environment since the foundation of the union. We take a look at the market one year on.
 

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Insurers will report deep dents to their motor lines

In the face of new circumstances and changing market conditions, there is now a greater need for UAE motor insurers to be agile and have the capability to adopt emerging technologies to level up their offerings.
 

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Fire in the sky

It is hard to say if we are at the beginning, middle or end of the development of the fire insurance market in the UAE – but many signs point to future growth. Lots of it.
 

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Pandemic jolts shipping towards rocky seas

The shipping industry was disrupted as ports went into lockdown for most of 2020 and ships were forced to sail endlessly for months. Combined with higher energy and cargo prices, marine insurance premiums have already started rising.
 

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