Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Regulatory fines could drive consolidation among insurers

May 01, 2019 Reprints

Industry experts said that small insurers may look to consolidate with other players after the United Arab Emirates enacted new regulations that include possible fines for carriers that lack sufficient capital and expertise, International Adviser reported. U.A.E.'s insurance regulator could fine insurers and insurance brokers for violating 204 rules such as operating without a license and failing to submit financial reports from the middle of May.

Help

Regulatory fines could drive consolidation among insurers

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources