UAE: New Insurance Dispute Committees to be Established

The UAE’s Insurance Authority has announced it has finalised its consultations with the Justice Ministry and local courts to establish committees to settle insurance disputes and stipulate their workflows. They added the consultations cover all regulatory issues and proposals including the power of their decisions, appeals and execution. The Authority confirmed the expected amendments establishing the Authority do not provide for judges being chairmen of these committees but this proposal is still being considered.

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