{"id":32236,"date":"2025-07-30T20:37:51","date_gmt":"2025-07-30T16:37:51","guid":{"rendered":"https:\/\/www.esanad.com\/sh\/?p=32236"},"modified":"2025-07-30T20:37:55","modified_gmt":"2025-07-30T16:37:55","slug":"cbuae-suspends-motor-insurance-operations-of-foreign-insurer","status":"publish","type":"post","link":"https:\/\/www.esanad.com\/sh\/articles\/cbuae-suspends-motor-insurance-operations-of-foreign-insurer","title":{"rendered":"CBUAE suspends motor insurance operations of foreign insurer"},"content":{"rendered":"\n<p>The Central Bank of the UAE (CBUAE) has suspended the motor insurance operations of a foreign insurer\u2019s branch, citing non-compliance with key financial regulations.<\/p>\n\n\n\n<p>The move was made under Articles 33 and 44 of the Federal Decree Law No. 48 of 2023, regulating insurance activities in the country.<\/p>\n\n\n\n<p>The Central Bank says the decision follows the company\u2019s failure to meet solvency and guarantee requirements.<\/p>\n\n\n\n<p>Despite the suspension, the insurer remains responsible for all existing insurance contracts signed before the action was taken.<\/p>\n\n\n\n<p>The name of the entity involved has not been disclosed by the authority.<\/p>\n\n\n\n<p>Source: https:\/\/www.arnnewscentre.ae\/en\/news\/uae\/cbuae-suspends-motor-insurance-operations-of-foreign-insurer\/<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\"><p>The Central Bank of the UAE (CBUAE) has suspended the motor insurance operations of a foreign insurer\u2019s branch, citing non-compliance with key financial regulations. The move was made under Articles 33 and 44 of the Federal Decree Law No. 48 of 2023, regulating insurance activities in the country. The Central Bank says the decision follows &hellip;<\/p>\n<\/div>","protected":false},"author":5,"featured_media":32237,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,32],"tags":[],"class_list":["post-32236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-uae-insurance-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBUAE suspends motor insurance operations of foreign insurer - Sanad Helps<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esanad.com\/sh\/articles\/cbuae-suspends-motor-insurance-operations-of-foreign-insurer\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBUAE suspends motor insurance operations of foreign insurer - Sanad Helps\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of the UAE (CBUAE) has suspended the motor insurance operations of a foreign insurer\u2019s branch, citing non-compliance with key financial regulations. The move was made under Articles 33 and 44 of the Federal Decree Law No. 48 of 2023, regulating insurance activities in the country. 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