The Central Bank of the UAE (CBUAE) has struck First Insurance Brokers Company off the Register for failure to comply with its regulatory obligations.
Investigations revealed that the insurance company had a weak compliance framework.
The CBUAE works to ensure that all insurance companies and professionals abide by the laws, regulations and standards in order to safeguard the transparency and integrity of the insurance industry and the UAE’s financial system.


UAE President calls for stronger global cooperation at G7 Summit
UAE foils drug distribution plot, dismantles criminal network
Sharjah Ruler unveils AED 750 million projects to link direct roads to Dubai
UAE President meets US President on sidelines of G7 Summit
UAE President, Greek PM discuss strategic cooperation
Emirati Media Forum to address misinformation, AI and industry transformation
UAE introduces new Emiratisation rules for healthcare sector
