RMI525

Course Description

This course provides students with a solid and practical knowledge in both institutional and operational regulatory aspects of insurance in the UAE in accordance with the Federal Insurance Law No. 6 of 2007 and its executive regulations. In particular, the course covers the establishment of Insurance Authority and its responsibilities as a regulator of the insurance sector in the UAE, the requirements to license insurance companies and insurance consultancies and how these companies operate in addition to the code of conduct and ethics. Further, also the main executive regulations which organize various aspects of insurance sector in the UAE are also covered.

Course Details