UAE:Call on regulator to rescind 2020-approved discounts in motor insurance

By MEIR team | 13 Mar 2022

Executives in the motor insurance sector has called on the Central Bank, in its capacity as the regulator of the insurance sector, to intervene and rescind a 2020 circular issued by the then Insurance Authority which allows insurers to offer discounts of up to 50% for some customer segments.

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