Insurance focus: Key developments in the insurance sector in the Middle East – third edition

In the third edition of our quarterly Middle East insurance newsletter from the Norton Rose Fulbright Middle East insurance team, we delve into some of the latest legal, regulatory and industry developments that are shaping the sector.

We discuss the recently introduced DFSA Consultation Paper No. 165, published in March, which has a direct impact on insurance businesses in the DIFC. This regulation marks a significant shift to greater responsibility and accountability on firms for the appointment and ongoing review of the suitability of their key individual and their licensing functions.

We also explore some of the key trends in the world of cyber and data breach incidents – including recent threat actor trends targeting insurance companies.

Further, we consider some recent Dubai Court of Cassation decisions of relevance to Insurers doing business in the Middle East, and in our spotlight interview, we unpack the development and evolution of cyber insurance in the Middle East over the last few years.

We hope you find this edition informative, and we look forward to sharing more insights with you in our next edition in October 2025.

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