Insurance Archives - Fichte & Co Legal Legal Firm in Dubai Wed, 25 Feb 2026 18:28:41 +0000 en-US hourly 1 https://fichtelegal.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png Insurance Archives - Fichte & Co Legal 32 32 Introducing Sanadak: UAE’s first Ombudsman Unit for Financial and Insurance Consumer Disputes https://fichtelegal.com/introducing-sanadak-uaes-first-ombudsman-unit-for-financial-and-insurance-consumer-disputes/?utm_source=rss&utm_medium=rss&utm_campaign=introducing-sanadak-uaes-first-ombudsman-unit-for-financial-and-insurance-consumer-disputes Thu, 28 Mar 2024 06:00:40 +0000 https://fichtelegal.com/update-uae-corporate-tax-registration-deadlines-2/ The UAE has taken a significant step towards enhancing consumer trust and protecting consumer rights with the introduction of the new ombudsman unit, “Sanadak”. This move follows the merger of the UAE Insurance Authority with the Central Bank of the UAE in 2020, forming a unified regulatory body for both insurance and banking sectors. The …

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]]> A Glance in the New Insurance Law in the UAE https://fichtelegal.com/a-glance-in-the-new-insurance-law-in-the-uae/?utm_source=rss&utm_medium=rss&utm_campaign=a-glance-in-the-new-insurance-law-in-the-uae Fri, 02 Feb 2024 04:30:40 +0000 https://fichtelegal.com/a-new-era-for-the-shipping-sector-in-the-uae-2/ In a significant development for the insurance sector, the recently published New Insurance Law on 31 October 2023, set to be enforced from 30 November 2023, marks an important moment in the regulatory landscape of the United Arab Emirates (UAE). The main reason for this legislative update is the formalization and codification of the transfer …

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]]> The Curious Case of Causation https://fichtelegal.com/the-curious-case-of-causation-2/?utm_source=rss&utm_medium=rss&utm_campaign=the-curious-case-of-causation-2 Mon, 22 May 2023 20:31:40 +0000 https://fichtelegal.com/the-curious-case-of-causation-2/ ‘FULL AHEAD’ ordered the Master on the Bridge, and so the fully laden good old bulk carrier, which has weathered many a storm in its more than two decades at sea, complemented by a seasoned crew, commenced its 14-day sea passage to the discharge port in fair winds and smooth seas, with the main engine …

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]]> New compliance requirements in the UAE labour market in 2023 https://fichtelegal.com/legal-update-new-compliance-requirements-in-the-uae-labour-market-in-2023/?utm_source=rss&utm_medium=rss&utm_campaign=legal-update-new-compliance-requirements-in-the-uae-labour-market-in-2023 Fri, 13 Jan 2023 01:00:07 +0000 https://fichtelegal.com/legal-update-new-compliance-requirements-in-the-uae-labour-market-in-2023/ The new year has brought with it changes in the legal landscape in the UAE, especially in relation to employment and governance of labour relations. This Article deals specifically with two laws that employees and employers need to ensure they are compliant with, starting this year. Part I: Mandatory subscription to the Involuntary Loss of …

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]]> UAE Labour Law – The New Clause: Abrogation of maximum (3) three years term of the labour contract https://fichtelegal.com/uae-labour-law-the-new-clause-abrogation-of-maximum-3-three-years-term-of-the-labour-contract/?utm_source=rss&utm_medium=rss&utm_campaign=uae-labour-law-the-new-clause-abrogation-of-maximum-3-three-years-term-of-the-labour-contract Wed, 02 Nov 2022 18:20:20 +0000 https://fichtelegal.com/uae-labour-law-the-new-clause-abrogation-of-maximum-3-three-years-term-of-the-labour-contract/ On 15 September 2022 the UAE government issued a Federal Degree Law No. 14 of 2022 “the Amendment”, concerning the amendment of some provisions of Federal Decree Law No. 33 of 2021 on Regulation of Labour Relations. the new law amended the duration of the labour contract stipulated in article (8) clause (3) of the labour relations law. …

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]]> What you need to know: The recent Unemployment Insurance Law No. 13 of 2022 https://fichtelegal.com/what-you-need-to-know-the-recent-unemployment-insurance-law-no-13-of-2022/?utm_source=rss&utm_medium=rss&utm_campaign=what-you-need-to-know-the-recent-unemployment-insurance-law-no-13-of-2022 Tue, 25 Oct 2022 01:20:20 +0000 https://fichtelegal.com/what-you-need-to-know-the-recent-unemployment-insurance-law-no-13-of-2022/ On 15 September 2022 the UAE government issued a Federal Degree Law No. 13 of 2022 concerning Unemployment Insurance (“the Law”), which came into force on 29 September 2022 and applied to all workers (UAE National and Expats) in the private sector and the Federal government sector in the State.   The Law defined the …

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]]> The interpretation of “otherwise” in a Jurisdiction Clause https://fichtelegal.com/the-interpretation-of-otherwise-in-a-jurisdiction-clause/?utm_source=rss&utm_medium=rss&utm_campaign=the-interpretation-of-otherwise-in-a-jurisdiction-clause Tue, 20 Sep 2022 04:30:20 +0000 https://fichtelegal.com/the-interpretation-of-otherwise-in-a-jurisdiction-clause/ On 29 July 2022, the English Commercial court rendered a decision in Al Mana Lifestyle Trading LLC & Ors v United Fidelity Insurance Company PSC & Ors [2022] EWHC 2049 (Comm) case, whereby the claim was initiated by one of Al Mana Group companies, engaged in food/ beverage and retail sectors operating in the Middle …

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]]> Is the Arbitration Clause included in the General Terms and Conditions of the Insurance Policy a valid clause? https://fichtelegal.com/arbitration-clause-included-in-the-general-terms-and-conditions-of-the-insurance-policy-a-valid-clause/?utm_source=rss&utm_medium=rss&utm_campaign=arbitration-clause-included-in-the-general-terms-and-conditions-of-the-insurance-policy-a-valid-clause Thu, 07 Oct 2021 03:26:37 +0000 https://fichtelegal.com/arbitration-clause-included-in-the-general-terms-and-conditions-of-the-insurance-policy-a-valid-clause/ Our client approached us to assist him in filing a case against one of the well-known UAE Insurance Companies. The client complained about his insurance company refusing to cover a surgery under the medical insurance policy. The reason brought for the rejection was that the natural condition of the Insured is due to a congenital …

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]]> Covering the same Risk under Multiple Insurance Policies https://fichtelegal.com/covering-the-same-risk-under-multiple-insurance-policies/?utm_source=rss&utm_medium=rss&utm_campaign=covering-the-same-risk-under-multiple-insurance-policies Tue, 28 Sep 2021 08:40:14 +0000 https://fichtelegal.com/covering-the-same-risk-under-multiple-insurance-policies/ The concept of insurance depends on the participation of a group of persons, whether physical or corporate (the insured), that distribute the risks that may result from specific events. The insureds pay pre-determined contributions to the insurance company (the insurer), which undertakes, accordingly to the policies agreed, the responsibility to pay the insurance amount for …

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]]> Is it going to be the end of abandoned vessels in UAE waters? https://fichtelegal.com/is-it-going-to-be-the-end-of-abandoned-vessels-in-uae-waters/?utm_source=rss&utm_medium=rss&utm_campaign=is-it-going-to-be-the-end-of-abandoned-vessels-in-uae-waters Wed, 07 Jul 2021 03:53:31 +0000 https://fichtelegal.com/is-it-going-to-be-the-end-of-abandoned-vessels-in-uae-waters/ Recently, we have witnessed the massive development in the UAE maritime industry; the UAE has acceded to two major international conventions, namely the 1996 Protocol on Limitation of Liability (“LLMC“) and the 2001 International Convention on Civil Liability for Bunker Oil Pollution Damage (“Bunker Convention”). Further, negotiations are carried out for the ratification of the …

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