Mondaq Middle East & Africa: Insurance
Shanda Consult Ltd
Following Iran's nuclear deal, many foreign insurance companies specially from Italy, Germany and from the UK announced their willingness to invest in Iran's insurance industry.
CMS Cameron McKenna Nabarro Olswang LLP
Last week saw the Council of the EU strengthen its position on Iran in the wake of similar US measures over the summer.
Clyde & Co
This week former Iranian President Rafsanjani, implicitly criticised President Ahmadinejad for failing to take the latest sanctions seriously.
Clyde & Co
On 26th July 2010 Clyde & Co LLP published an article setting out the new Iran sanctions that had been adopted by the European Union Foreign Affairs Council.
Clyde & Co
On 27 July 2010, the EU imposed its toughest sanctions regime yet on Iran, with ramifications for energy, insurance, transport and financial sectors.
PwC Nigeria
Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.
Deloitte Nigeria
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) to clarify the treatment of savings element on insurance premium.
Deloitte Nigeria
The Deloitte Insurance Risk Management Survey was commissioned to understand the state of risk management practices in the Insurance industry in line with NAICOM guidelines.
Clyde & Co
The insurance market on the continent of Africa has changed and continues to change significantly – but it still has a long way to go.
Akinjide & Co
Clyde & Co
South Africa's Insurance Bill 2016 has been a long time coming but is now set to be promulgated during the first half of 2018.
Clyde & Co
Publication of the amendments to the Regulations of the Long-term and Short-term Insurance Act and the replacement Policyholder Protection Rules ...
Clyde & Co
During the recent mid-term budget policy statement, Minister of Finance Malusi Gigaba confirmed the view of the majority of economists that growth in South African ...
Clyde & Co
The Insurance Bill, B1B-2016 was passed by the National Assembly on 28 November 2017 and by the National Council of Provinces on 5 December 2017 and has now been submitted to the President for assent.
ENSafrica
The Ugandan Insurance Regulatory Authority ("IRA") has released clarification on its recently published bancassurance guidelines.
ENSafrica
Bancassurance refers to an arrangement where an insurance company uses a bank's sales channels to sell insurance products.
Clyde & Co
Industry will be fundamentally altered as a result of new regulations In the coming year the United Arab Emirates (UAE) Insurance Authority will issue new rules. Restrictions on indemnity commission ...
Clyde & Co
UAE first out of the blocks with other GCC countries not far behind...
BSA Ahmad Bin Hezeem & Associates LLP
While there is no clear agreement on the exact definition of run-off in the insurance context, it is generally taken to mean one of two things.
BSA Ahmad Bin Hezeem & Associates LLP
Premiums to be paid for insuring high-rise buildings in Dubai would rise next year, following a number of building fires in Dubai, including the Torch Tower in the Marina area, which caught fire in August for the second time in two years. But the increases are expected to be moderate.
BSA Ahmad Bin Hezeem & Associates LLP
Many tall buildings in the emirate still have inadequate fire safety standards, with some still clad with poor-quality material that allows blazes to spread quickly, they said.
Clyde & Co
The English Court of Appeal recently decided that an insured which did not provide its insurer with reasonably required quantum documents had not breached its claims obligations because the insurer...
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Clyde & Co
South Africa's Insurance Bill 2016 has been a long time coming but is now set to be promulgated during the first half of 2018.
Al Tamimi & Company
Under the current provisions of Omani labour law (the "Labour Law") private sector employers are required to provide medical facilities to their expatriate employees working in Oman.
Dentons
South Africa's diverse economy, strategic role in Africa and political history create a unique business and regulatory environment.
BSA Ahmad Bin Hezeem & Associates LLP
Value Added Tax (VAT) is set to make its debut in the GCC in 2018, regardless of the VAT rate being one of the lowest VAT rates across the globe; its introduction will provide an alternative source of revenue for GC governments and contribute towards regional development.
Clyde & Co
Publication of the amendments to the Regulations of the Long-term and Short-term Insurance Act and the replacement Policyholder Protection Rules ...
Shanda Consult Ltd
Following Iran's nuclear deal, many foreign insurance companies specially from Italy, Germany and from the UK announced their willingness to invest in Iran's insurance industry.
Clyde & Co
The Insurance Bill, B1B-2016 was passed by the National Assembly on 28 November 2017 and by the National Council of Provinces on 5 December 2017 and has now been submitted to the President for assent.
BSA Ahmad Bin Hezeem & Associates LLP
While there is no clear agreement on the exact definition of run-off in the insurance context, it is generally taken to mean one of two things.
Clyde & Co
During the recent mid-term budget policy statement, Minister of Finance Malusi Gigaba confirmed the view of the majority of economists that growth in South African ...
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