Leaving the UAE after job loss? Can you still claim your cash insurance benefit from ILOE?
Key requirements: 12-month insurance subscription, legal residency, explained
Source: gulfnews.com
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NIA instructs reinsurers to increase paid-up capital to Rs 20 billion in one year
KATHMANDU, Jan 31: Nepali reinsurance companies will have to increase their paid-up capital to Rs 20 billion following a decision of the Nepal Insurance Authority (NIA) to increase the capital base of the reinsurers.
Source: nagariknetwork.com
Unemployment insurance: UAE gets tough with fines, work permit bans
The Ministry of Human Resources and Emiratisation says it has started fining workers who have failed to comply with the unemployment insurance system.
Source: gulfbusiness.com
Fines to be imposed on workers who fail to comply with the Unemployment Insurance Scheme
14% of workers remain non-compliant with the terms of the scheme
Source: gulfnews.com
UAE: Over 6.6 million subscribe to Unemployment Insurance Scheme
Dh200 fine for those who fail to pay subscription fees as per their schedule
Source: gulfnews.com