UAE – 30% maximum investment in real estate
Tuesday, 01 23 2018, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority invited the insurance companies operating in the country to attend a workshop in Abu Dhabi on Tuesday about the financial requirements of insurance companies as well as a workshop on the same topic on Wednesday. It also asked licensed actuaries to participate in the workshop entitled “financial requirements for year 2018”.
According to the instructions to insurance companies issued previously, the insurers have to follow rules in their investments. Investments have to be diversified and distributed in such a way that allows them to cope with economic changes and financial vitality as well as the real estate market changes.
Source: Economic Al Khaleej