UAE - Fichte & Co launches "Maritime Insurance Roundtable"
Wednesday, 12 11 2019, Category: Insurance and Reinsurance, Country: U.A.E
Under the patronage of The Federal Transport Authority for Land and Maritime (FTA), and with the support of the Insurance Authority, Fichte & Co, one of the UAE's leading law firms and legal consultants, successfully launched the “Maritime Insurance Roundtable”. The event took place on December 10th, 2019 at the Ministry of Infrastructure Development in Dubai under the theme of ‘Collaborating to strengthen the UAE marine insurance sector.’
HE Ibrahim Obaid Al Zaabi, Director General of the Insurance Authority, emphasized the importance of organizing the roundtable to develop the maritime sector and enhance maritime insurance activity, as well as support all economic sectors.
He added: “This initiative aligns with the role of the Insurance Authority, which was established under Federal Law No. (6) of 2007, to regulate and supervise the insurance sector, and to strengthen the legislative, legal and regulatory base of the sector in all fields. This includes maritime insurance, which contributes to the development of the insurance market’s performance both locally and globally. It will also support the economic and service sectors, specifically in regards to maritime.”