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Important Update: United Insurance Brokers (UIB)
Regulations 2025
The Central Bank of the UAE (CBUAE) has announced the implementation of the Insurance Broker Regulations 2025, effective 15 February 2025
Under these new regulations, insurance brokers will no longer collect premiums from clients. All payments must be made directly to insurers, ensuring greater transparency, compliance, and security in the insurance
sector.
Key Implications
Direct premium payments to insurers
Enhanced regulatory compliance
V Increased transparency and security
Clients are advised to ensure seamless premium payments in accordance with the new regulations.
BY Reinsurance Journal
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