Insurance is a global business that operates across every jurisdiction. Each jurisdiction has its own set of laws, rules, procedures and nuances. This article summarises basic points of law and procedure, relevant to onshore insurance disputes in the United Arab Emirates (UAE).
The Indian insurance market is in an exciting phase of development. The market has always been considerably under-insured and this has always made India strategically important for international investors, but three key developments are driving further change. First, regulatory and market developments are facilitating greater M&A activity. Second, the emergence of new distribution channels is …
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Following the withdrawal of the United Kingdom from the European Union, UK authorised insurance intermediaries lost their regulatory permissions under the Insurance Distribution Directive (IDD) to carry on insurance distribution activities in respect of EU/EEA based risks and commitments.
Protecting the users of financial services should always be a priority for any government. In order to comply with this obligation, the Mexican state created a government entity to protect the interests of users of financial services, including services rendered and products sold by insurance companies. That entity is the National Commission for the Protection …
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For personal injury (PI) practitioners, dynamism is one of the features which makes this such a fulfilling field to work in. The work follows a constant ebb and flow of patterns and trends – from the boom and wane of asbestos-related cases, to the rapid spike in noise-induced hearing loss claims, to the recent resurgence …
What are the major pain points that you have experienced as GC when dealing with legal disputes? Dealing with claims against an organisation is a huge drain on resources for any team. Linking to the 80:20 principle, you don’t want to be devoting 80% of your resources to firefighting something that may be worth less …
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Introduction Corporate governance reforms for Japanese listed companies have been accelerating in recent years. However, a tide of shareholder activism is hitting corporate Japan even harder in the era of the Covid-19 pandemic, demanding more effective governance, sustainable growth, attention to environmental and social issues, as well as decent shareholder returns. The reforms are ongoing …
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Companies increasingly face scrutiny of their environmental, social and governance (ESG) activities, including from investors, regulators, prosecutors, consumers, NGOs and other stakeholders. While robust ESG programmes can provide new business opportunities and other competitive advantages for companies, ESG issues also can pose legal and reputational risks, particularly when there is a gap between what companies …
For several years, employers have been urged to do more to look after the mental health of their workforce. Even before the pandemic, in January 2019, mental health at work was a primary discussion topic at the World Economic Forum Annual Meeting accompanied by huge estimations of the financial impact, globally, in terms of lost …
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There are four key sources of corporate governance law and regulation in the United States: state corporate law (predominantly Delaware, in which over half of all US publicly traded corporations are incorporated); federal securities law, including the US Securities Act of 1933 and the US Securities Exchange Act of 1934, and the regulations of the …
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