UAE

UAE insurers, banks, and fintech firms face a September 16, 2026, deadline to align with the country's landmark consolidated Central Bank Law (Federal Decree-Law No. 6 of 2025), which came into force in September 2025. The overhaul consolidates banking and insurance regulation under the CBUAE, widens the regulatory perimeter to capture insurtech and digital platforms, and raises the maximum administrative fine fivefold to AED 1 billion.

The UAE health and medical insurance market is valued at approximately $10.11 billion in 2026 and is projected to grow to $15.04 billion by 2031, at an 8.26% compound annual growth rate, according to market research firm Mordor Intelligence. The expansion is underpinned by a nationwide mandatory employer-funded health insurance requirement for private-sector workers and domestic staff, introduced in January 2025, and by gross medical cost trends projected to escalate 11.3% in 2026 driven by high-cost cancer and cardiovascular treatments.