In July 2024, Federal Decree Law No. 48 of 2023 was published, marking a pivotal shift in how insurance is regulated across the UAE. This legislation transfers oversight of insurance operations to the Central Bank of the UAE (CBUAE) (a change that stems from the merger of the UAE Insurance Authority under Federal Decree Law …
How CBUAE’s New Regulations Will Impact Insurance Brokers in the UAE Read More »
Life insurance in the UAE provides critical financial protection for your loved ones, but standard policies often offer limited flexibility. This is where life insurance riders become invaluable. Riders are optional add-ons that enhance the scope of your coverage, allowing you to customize your policy to address unique needs and potential risks. By understanding the …
How Life Insurance Riders Enhance Coverage and What to Consider Read More »
Life insurance in Dubai is a cornerstone of financial planning, offering protection and peace of mind for policyholders and their beneficiaries. Among the various types of life insurance, participating whole life insurance policies stand out for their unique ability to share in the insurer’s profits through bonuses or dividends. Understanding how economic factors influence these …
The Impact of Economic Factors on Participating Whole Life Insurance Policies Read More »
In recent years, the United Arab Emirates (UAE) has experienced an increase in extreme weather events, including floods. These natural disasters have far-reaching implications, particularly for homeowners and businesses. One of the most significant impacts of flooding is on insurance costs. Understanding how these changes may affect you can help in better preparing and managing …
How UAE Floods Could Affect Your Insurance Costs Read More »
Natural disasters are unpredictable forces of nature that can wreak havoc on commercial properties, causing immense financial losses and disruptions to businesses. In the UAE, a region susceptible to various natural calamities, including the recent record-breaking rainfall, the need for comprehensive commercial property insurance cannot be overstated. This blog delves into the significance of commercial …
Insurance policies often come laden with jargon and fine print, making it a Herculean task to discern precisely what is covered and what isn’t. As we delve into the intricacies of various insurance coverages, some scenarios might surprise you by falling squarely within the bounds of coverage, while others, seemingly straightforward, might not be covered …
Dubai’s healthcare sector is renowned for its advanced medical facilities and high-quality services. However, like anywhere else in the world, there are instances where things go awry, leading to medical malpractice claims. The legal landscape governing these instances in Dubai is intricate, shaped by a blend of laws and regulations. This blog delves into the …
Legal Framework: Understanding Medical Malpractice Laws & Insurance Regulations in Dubai Read More »
In the complex world of insurance claims, clients often find themselves overwhelmed by intricate processes and unforeseen challenges. Petra Insurance Brokers in Dubai stands out in this landscape, dedicating itself to simplifying and resolving these challenges with a client-centric approach. Today, let’s delve into the distinctive qualities that make Petra Insurance a standout in the …
The Winning Edge: How Petra Insurance Brokers Champions Clients’ Claims Read More »
Introducing Our Partnership: Making Insurance Easy In today’s fast-paced world, convenience and flexibility are paramount, especially when it comes to managing our finances and insurance needs. That’s why Petra Insurance Brokers is thrilled to announce our partnership with Tabby, a leading Buy Now Pay Later platform in the United Arab Emirates. Experience Seamless Payments with Tabby Tabby …
Simplify Your Car Insurance Payments with Petra Insurance Brokers and Tabby! Read More »
In the dynamic and ever-evolving business environment of Dubai, the importance of having robust and dependable business liability insurance is paramount. As companies navigate through the complexities of the commercial world, the demand for an insurance solution that not only offers comprehensive protection but also aligns with the fast-paced nature of the market is increasingly …
Unveiling the Fastest and Most Comprehensive Business Liability Coverage in Dubai Read More »
