Insurance Toolkit

LEGISLATION

Legislation DNA

Jurisdiction

Law Number

Law Heading

Publication Date

Amended by:

Abrogating / Amending

United Arab Emirates

Federal Decree-Law No. 48/2023

On the Regulation of Insurance Activities

17 Rabi Al-Awwal 1445 H (02/10/2023)

N.A

(AB)

Federal Law No. 6/2007 dated 15/02/2007

Saudi Arabia

Saudi Arabia Cabinet Decision No. 125/1424

approved by virtue of Saudi Arabia Royal Decree No. M32/1424

On the Approval of the Cooperative Insurance Companies Control Law

14 Jumada Al-Awwal 1424 H (14/07/2003)

Saudi Arabia Royal Decree No. M30/1434 dated 27/05/1434 H;

Saudi Arabia Cabinet Decision No. 51/1443dated 16/01/1443 H

N.A

Qatar

Article 93-103 of Qatar Law No. 13/2012

Chapter Two -Insurance and Re-insurance of:

Qatar Central Bank and the Regulation of Financial Institutions Law

18 Muharram 1434 H (02/12/2019)

N.A

(AB)

Qatar Decree-Law No.1/1966 dated 07/02/1966

Bahrain

Bahrain Legislative Decree No. 17/1987

Regarding Insurance Companies and Organisations

N.A

Bahrain Legislative Decree No. 35/1996

N.A

Oman

Oman Law No. 12/1979

Promulgating the Insurance Companies Law

22 Rabi Al-Thani 1399 H (21/03/1979)

Oman Sultani Decree No. 47/1987 dated 18/06/1987

Oman Sultani Decree No. 35/1995 dated 27/06/1995

Oman Sultani Decree No. 51/2002 dated 05/05/2002