UAE health care law opens new vistas

The UAE has updated its health care law to keep pace with the swift changing requirements in the sector. One of the important objectives has been to attract more talented medical professionals to work in the country. Recent changes to the laws on medical responsibility offer greater protection to medical professionals from liabilities over malpractice.…

Lost in Translation

As a market participant, it is crucial to effectively communicate with the regulator to avoid pitfalls that arise out of misunderstandings with regard to expectations and applicable standards, explains Barry Greenberg. Anyone engaged in the UAE insurance market, whether on behalf of an insurer, claims administrator, broker, advisor, or other capacity, is aware that the…

DIFC Insurance Regulations – Proposed Amendments

The Dubai Financial Services Authority (DFSA), which regulates all Financial Services within the Dubai International Financial Center (DIFC), in November, 2015, issued its Consultation Paper No. 103 (CP103), proposing changes in how entities engaged in providing insurance related products and services will be regulated. This is of keen interest to all entities that provide such…