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of <h1>India and UAE Strengthen Insurance Ties: MoU Enhances Cooperation in Supervision and Information Exchange.</h1> The Union Cabinet of India approved a Memorandum of Understanding (MoU) between the Insurance Regulatory and Development Authority of India and the Insurance Authority of the United Arab Emirates. Signed in February 2016, the MoU aims to enhance cooperation in insurance supervision by establishing communication channels and facilitating the exchange of regulatory and supervisory information, including confidential data. This collaboration seeks to improve mutual understanding and ensure compliance with the respective laws and regulations of both countries.
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