UAE’s New Insurance Regulations to Take Effect from February 15: Direct Payments, Faster Claims, and Industry Overhaul
Starting February 15, 2025, UAE insurance policyholders will experience a major regulatory shift, as new Central Bank of the UAE (CBUAE) rules come into force. The revised framework will require direct payments to insurers, bypassing brokers, and will introduce faster claim settlements, financial transparency, and higher industry standards. Key Changes in UAE’s Insurance Regulations 1. … Read more