UAE Central Bank cancels licence of health insurance company

File Photo

The Central Bank of the UAE (CBUAE) has cancelled the licence of insurance firm IRIS Health Services for not complying with the country's laws.

It's in "accordance with the applicable instructions and procedures for licencing health insurance third-party administrators," the authority added.

The CBUAE works to ensure that all insurance companies comply with UAE laws in a bid to safeguard the transparency and integrity of the insurance industry and the UAE financial system.

More from Local News

Latest Blogs

  • PINOY BULLETIN: APRIL 15 -19, 2024

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!

  • PINOY BULLETIN: APRIL 01 - 05, 2024

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!

  • PINOY BULLETIN: MARCH 18 - 22, 2024

    Pinoy Expat Corner

    Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!