UAE – No comments on changes to unified contract
Thursday, 03 02 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority refused to comment the discussions about its plan to amend the unified motor insurance contract implemented in the beginning of the current year. The Authority confirmed according to its director “we do not have an answer about the discussions on the unified contract amendments”.
The economic “Al Bayan” is communicating with informed sources who said that that the Authority is no planning to amend the contract and it did not contact insurance companies to get their feedback about such possible amendments.
Source: Al Bayan