The Central Bank of the UAE will assume the UAE Insurance Authority's supervisory functions, including monitoring the financial solvency of insurance companies and ensuring businesses in the sector act ethically. Ryan Carter / The National
The Central Bank of the UAE will assume the UAE Insurance Authority's supervisory functions, including monitoring the financial solvency of insurance companies and ensuring businesses in the sector acShow more

Banking

UAE's Central Bank begins work on Insurance Authority merger

Chairman Sheikh Mansour bin Zayed says move is part of a wider plan to create one of the top 10 central banks in the world

Michael Fahy
Michael Fahy

January 27, 2021