Book traversal links for Article 14 Settlement of Disputes between Companies and Payment of Balances
Article 14 Settlement of Disputes between Companies and Payment of Balances
IA-BOD-RES 3/2010 Effective from 21/3/2010The payment of undisputed balances among the companies is required for the good conduct of transactions in the insurance market.
The companies must settle all disputes arising among them by bilateral amicable methods or through the Emirates Insurance Association, if the parties so agree, prior to resorting to courts.