The Insurance Authority has launched the unified electronic system at the level of the insurance companies
The Council of Ministers approved the amendment of the minimum capital regulations of insurance companies established in the State.
Insurance Authority reaps the fruits of 2016 and wins two awards at the same time on the level of federal entities
The Insurance Authority has launched its Strategic Plan 2017-2021, which coincides with its 10th anniversary this year.
The UAE has won the opportunity of hosting the 17th annual conference of the International Association of Insurance Supervisors, which will be held in Abu Dhabi in 2019.
H.E. Ibrahim Obaid Al Zaabi, the Director General of the Insurance Authority, has inaugurated the World Takaful Conference, which was launched in Dubai on 11 April 2017.
Joint cooperation agreement is signed by Insurance Authority and CII for personnel training in insurance sector within program of multiple insurance specialties.
Insurance Authority and National Emergency, Crisis and Disasters Management Authority signed MOU about joint cooperation
The Council reviews the study conducted on the vehicle insurance regulation application evaluation to ensure the interests of policyholders
Insurance Authority confirmed that the total written premiums of all branches of insurance, i.e. life insurance, capital formation insurance, property insurance, and liability insurance, was AED 37 billion in 2015.
HE Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of Insurance Authority said, in response to a question from a member of the Federal National Council,
Insurance Authority, in collaboration with the Traffic & Licensing Department at Abu Dhabi Police, organizes awareness-raising campaign under the slogan “Know Your Rights In Insuring Your Vehicle“
Insurance Authority (IA) launched an initiative under the name of "My Skills" to qualify and train UAE nationals for free in all disciplines
Insurance Authority confirmed that the benefit of the insured, policyholders of vehicles, from insurance benefits in the new insurance policy is an unprecedented one.
Experts of the insurance sector confirmed that the new financial legislations make the UAE at the forefront of the leading countries in terms of the effective regulation of the insurance sector in the Middle East.
Insurance Authority’s reports, which were prepared during the past years,
Insurance Authority stated that it chose the best method for insurance policy pricing,
The Insurance Authority has recently organized a special ceremony to mark the UAE’s 45th National Day at the IA's headquarters in Abu Dhabi.
- IA adopts a minimum and a maxim limit for rates to protect the rights of policyholders and companies’ interests.
- Insurance company, agent or broker shall not impose or collect any additional amount unless same is decided by IA.
The MoU promotes the exchange of information between the two entities and cooperation in the assessment and evaluation of insurance policies and sources of insurance envisaged under Federal Law by Decree No.
Insurance sector in the UAE gets prepared to start the new stage by the beginning of January 2017. The sector witnesses a huge leap through the year 2016, in line with the national economic growth, as the written premiums reached about AED 40 billion.
Ibrahim Obaid Al Zaabi, Director General of the Insurance Authority said that the old vehicles insurance policies shall remain effective until the expiry of its term.
First: International Indicators:
United Arab Emirates ranked among ten global leaders in the «Significant Growth in Insurance Premiums» Index, according to a report prepared by Ernst & Young and Oxford Economics.
Al Mansouri: Insurance sector is a key to qualitatively leveraging the economic system of any state.
The UAE Insurance Authority (IA) organized the International Motor Insurance Conference - under the theme of “New Insurance Concept for Better Future” - on Nov. 28’2016 at Jumeirah Etihad Towers Hotel in Abu Dhabi.