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The Legal 500 EMEA 2017 - Leading Firm

The Legal 500 EMEA 2017 - Leading Firm

Ranked in Chambers Global 2014


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The insurance industry in the United Arab Emirates (UAE) witnessed further increases in premiums and profitability in 2017.  With the UAE insurance market projected to grow to USD18.1 billion by 2021, underpinning such growth will be the continued development of a robust and responsive regulatory framework across general and specialised lines of insurance and reinsurance.
11 January 2018
The coming into effect of the General Data Protection Regulation (GDPR) in May 2018 will introduce important changes requiring greater vigilance over compliance if fines are to be avoided.
30 November 2017
On 14 November, Kennedys were thrilled to host two inspirational female leaders from the London market. Dawn Miller (CEO of AXA Insurance Company) and Mary O’Connor (Head of Client, Industry and Business Development Global Head of Financial Institutions, Willis Towers Watson) participated in our second ‘Women in Insurance’ event, hosted in London by Kennedys’ partner Suzanne Liversidge.
29 August 2017
The Dubai Health Authority (DHA) plans to introduce a mandatory health insurance examination (the Exam) for those health insurance providers marketing, selling and placing health insurance risks in the Emirate of Dubai.
20 July 2017
The Dubai Financial Services Authority (DFSA) has fined the former SEO of a DFSA-authorised firm (the Company) US$52,500 and banned him from providing financial services in or from the Dubai International Financial Centre (DIFC). These sanctions stem from the SEO’s personal involvement in facilitating insurance for customers based in the UAE but outside of the DIFC.  This investigation demonstrates the DFSA’s continued rigour as a prudential regulator of the DIFC and serves as a salutary warning to others.
22 June 2017
On Monday 5 June 2017, a number of countries including Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and introduced unprecedented restrictions. These included cutting land, air and sea travel to and from Qatar and (save for certain exceptions) expelling Qatari citizens from their respective jurisdictions.
20 June 2017
As has been widely reported, on 5 June 2017 a number of states broke off diplomatic relations with the State of Qatar, and severed a number of other links with Qatar; those states are the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain and Egypt. Subsequently, the Tobruk based government in Libya, Comoros, Yemen, the Maldives, and Mauritania have also joined in supporting the boycott1.
16 June 2017
On 5 June 2017, Saudi Arabia, the UAE, Egypt, Yemen and Bahrain severed diplomatic and trade ties with Qatar.
12 June 2017
On Monday 5 June 2017, Bahrain, Egypt, Saudi Arabia and the United Arab Emirates (the G4) severed diplomatic ties with Qatar and effective 6 June imposed restrictions on flying into, over or out of the State of Qatar and the carriage of Qatari nationals or those holding Qatari residency visas.
6 June 2017
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates (UAE) and Yemen have all cut diplomatic ties with Qatar yesterday, over Qatar’s alleged support for Islamist groups.
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*People marked with * are not admitted to practice in the State of Florida or any jurisdiction in the United States.