The Central Bank of the UAE (CBUAE) has struck First Insurance Brokers Company off the Register for failure to comply with its regulatory obligations.
Investigations revealed that the insurance company had a weak compliance framework.
The CBUAE works to ensure that all insurance companies and professionals abide by the laws, regulations and standards in order to safeguard the transparency and integrity of the insurance industry and the UAE’s financial system.


Several dead and injured in Fujairah road collision
Ras Al Khaimah Ruler attends COP31 Leaders’ Summit
H.H. Sheikh Hamdan honours winners of inaugural Dubai-it Award
Ras Al Khaimah reopens several beaches to the public
Abu Dhabi expands EV charging points in public parking areas
Dubai student card unlocks public transport savings, global discounts
H.H. Sheikh Theyab inaugurates ICMM World Congress of Military Medicine
UAE lifts visa restrictions on Ugandan nationals
Dr Gargash highlights UAE's 'constructive role' in Russia-Ukraine-US trilateral talks
Ras Al Khaimah Ruler leads UAE delegation at COP31
Dubai to reward residents with AED 2,500 for naming community parks
ADNOC L&S vessel sustains damage following attack
H.H. Sheikh Khaled, H.H. Sheikh Hamdan discuss key national priorities
Sheikh Abdullah attends third round of Russia-Ukraine-US trilateral talks
UAE completes critical design review of 'Sirb-1' satellite
UAE conditionally approves new use of Ultomiris for kidney disease patients
H.H. Sheikh Hamdan approves Dubai Metro extension to Al Maktoum Airport
UAE Year Of Award celebrates stronger families, community values
UAE President highlights nation's resilience during 'recent challenges'
H.H. Sheikh Khaled approves second package of Emirati Family Growth Programme
