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Thursday 13 June 2024


Thursday 13 June 2024

The CBUAE issues its 2023 Annual Report

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Register an insurance actuary branch

The process of registering a legal person (the actuarial company), who assesses the value of insurance contracts, documents and related accounts

 

Target Audience:

Actuarial Company

 

Office location: Abu Dhabi/ Dubai

Department/Section: Licensing  division

Contact Person: Licensing  division

Phone: 80042823

Fax: 97125572111

Email: [email protected]

1.Electronically submit the application on the system, by user name and password. In the event that the user is new he shall send an email letter requesting a user name and password

2. Complete the service form and upload it along with the documents in the electronic system

3. The completed application is reviewed and approved

4. The technical staff (key employees) shall be interviewed in the Authority’s headquarters

5. Pay the fees through e-services or through a smartphone application. In case the applicant is applying in person: Payment can be made through the electronic screen at the Customer Service Center in the Authority; and in case of a system breakdown: Payment can be made by e-Dirham or credit card at the Authority

6. The customer prints the Registration Certificate

 

Service Fees:

none

Submission of the application electronically or through a smartphone application

Pay the fees

 

Attachments Required

  1. The passage of a full year of obtaining the license for its head office and in the event of any administrative penalties or violations imposed on him during the year preceding the submission of the application, the decision of the Board of Directors No. (12-2016) regarding the lapse of the impact of disciplinary sanctions will be taken into account.
  2. The conditions stipulated in Article 3 of Resolution No. 9 of 2017 are available in every person who performs actuarial activities in the company.
  3. The approval of the competent authority in the relevant emirate to open the branch

Estimated time from the submission of the application until the completion of the service:  20 days from the date of submitting the complete application :

Total transactional number

Service Name

Register an insurance actuary branch

Service Category

Insurance Services

Service Type

Companies Business Services

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Last updated on: Friday 24 February 2023

Total visitors 693