The Central Bank of the UAE (CBUAE) has cancelled the licence of insurance firm IRIS Health Services for not complying with the country's laws.
It's in "accordance with the applicable instructions and procedures for licencing health insurance third-party administrators," the authority added.
The CBUAE works to ensure that all insurance companies comply with UAE laws in a bid to safeguard the transparency and integrity of the insurance industry and the UAE financial system.


Over 300 nationals to be hired in UAE schools under new partnership
National retreat showcases UAE Government’s Agentic AI project
Dubai activates comprehensive security plan for Eid Al Adha
UAE court jails man, fines AED 5 million for inciting underage marriage
UAE dispatches 100 tonnes of emergency supplies for Gaza
