Central Bank suspends motor insurance business of foreign insurer branch
The Central Bank of the UAE (CBUAE) has suspended the motor insurance business of a foreign insurance company's branch operating in the UAE. This affects policyholders and brokers dealing with the suspended entity's motor insurance products. Affected customers must contact CBUAE or seek alternative coverage immediately; the suspension is effective as of the announcement date.
The analysis — automated & source-checked
- Applies to
- Financial services · UAE
- What to do
- Motor insurance policyholders and brokers must cease transacting with the suspended branch for motor insurance and arrange alternative coverage. Contact CBUAE for guidance on claims and policy transfers.
Source
Source: Central Bank of UAE — official 29 Jul 2025 Read the original ↗ More from Central Bank of UAE →
Quick answers
What do I need to do?
Motor insurance policyholders and brokers must cease transacting with the suspended branch for motor insurance and arrange alternative coverage. Contact CBUAE for guidance on claims and policy transfers.
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
29 Jul 2025.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-suspends-motor-insurance-business-of-a-foreign-insurance-company-s-branch/
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