Home / Knowledge Hub / News
Insurance and Reinsurance In The MENA Region: A Legal and Regulatory Guide
This new book aims to provide foreign insurers and intermediaries looking to enter the market with practical, up-to-date guidance on setting up in the region. The countries featured in the book are Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. For each jurisdiction, the book provides an overview of the regulatory framework and background, the licensing requirements for insurers, reinsurers, intermediaries and takaful providers, and on-the-ground knowledge of local culture and practices that would give any business looking to enter the market a unique advantage over competitors.
With a unique insight into the challenges of conducting insurance business in the region from both a business and a regulatory perspective, this book is essential for heads of insurers looking to expand their business. In-house and private practice lawyers practicing in the region will also benefit from using this book as an invaluable tool which introduces the legal framework in each jurisdiction and the most significant regulatory requirements when advising on compliance in the region.
Featuring concise and practical advice on various jurisdictions in one of the world’s largest growing markets; this book serves as an essential guide for insurance professionals with an interest in the region.
To get your copy, visit www.globelawandbusiness.com
| Authored by: | Bin Shabib & Associates |
| Authors: | Michael Kortbawi, Rima Mrad, Irshied Tayeb, Nadim Bardawil and Mamoon Ashraf |
| Date: | August 2013 |
| Published by: | Global Law and Business (Global Business Publishing Ltd) |
Related Insights
(Re) Insurance Legal Update – Saudi Arabia: The New Saudi Civil Code– Coverage Issues and Wider Implications for the (Re)insurance markets
Writing and reinsuring business from and within the Kingdom of...
Healthcare, the Metaverse and UAE Health Data Law
In this article, we explore some of the opportunities that...
The Medical Tourism boom and the role of Insurance for both Patients and Providers
Healthcare is one of the most important service sectors in...
UAE Unemployment Insurance: A Welcome Change
The UAE unemployment insurance scheme recently came into effect, as...
Regulatory Alert: Escrow Accounts Mandated
Regulatory Alert: Escrow Accounts Mandated for Insurance Agents & Brokers, &...
Chambers & Partners: Insurance Litigation 2022
In the following Chambers & Partners Law and Practice Insurance...
Everything you need to know about the UAE's new employment insurance scheme
The United Arab Emirates’ new unemployment insurance scheme came into...
The Future of Finance: Digital transformation, innovation, and the FinTech ecosystem in the GCC
BSA & The Legal 500 launch Market Watch - The Future of Finance A report on digital transformation, innovation and...
The Future of Finance: Digital transformation, innovation, and the FinTech ecosystem in the GCC
BSA & The Legal 500 launch Market Watch - The Future of Finance A report on digital transformation, innovation and...
Meritas Capability Webinar: The Road to 2030 - An overlook on Saudi Arabia and its business, investment and legal implications
The Road to 2030 - An Overlook on Saudi Arabia and its Business, Investment and Legal Implications Date: Tuesday, March...
Levées de fonds en cryptomonnaies (ICO) : anticipation des risques contentieux
Les levées de fonds en monnaies numériques sans cours offi ciel se multiplient. En un an, les fonds levés,...
Rima Mrad, Partner, attends GCC to Paris Legal Mission
Rima Mrad, Partner based in our DIFC office, was invited to attend the LexisNexis legal mission in Paris for GCC-national...
New VAT Implications Impacting The Region – Key Measures To Consider For Insurers In The GCC
It is crucial for businesses to start the preparation process early, as an understanding of the potential impact of...
Insurance Trends In The Middle East
The Middle East is weathering the tumult of low oil prices. Slowly rising oil prices have restored a degree of...
Implementation of the Value Added Tax in the United Arab Emirates
Introduction In February 2016, the Ministry of Finance announced the introduction of Value Added Tax (“VAT”) in the UAE, and...
Gulf Shipping Insurance Trends in 2016
The first half of 2016 has justified what many analysts have forecasted in regards to the shipping insurance sector in...
BSA Advises GCC Sushi Shop Franchisee On Buyout
Bertrand Dumon, Partner at BSA has recently advised French entrepreneurs, the founders and owners of premium, innovative sushi restaurant chain...