UAE – Insurance Authority to expand initiatives
Tuesday, 04 04 2017, Category: Insurance and Reinsurance, Country: U.A.E
Mr. Maher Ismail Afana, financial expert at the UAE’s Insurance Authority said that “the Authority will strengthen its role in the local insurance sector during the next period and will expand its initiatives in the legislative and regulatory fields in order to serve the national economy and let insurance participate in the economic diversification”.
He confirmed that the Insurance Authority aims at regulating and supervising the insurance sector as well as developing its services, nationalization the workforce and it did achieve successes at this level.
This was said during an introductory workshop about commercial insurance held at the Sharjah Chamber yesterday in collaboration with the Insurance Authority in the main building of the chamber.
Source: Al Bayan - UAE