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AU-2.1.8

Past version: effective from Apr 1 2009 - Sep 30 2009.
To view other versions open the versions tab on the right.

The legal status of an insurance brokerG after 1 April 2009 must be:

(i) A Bahraini joint stock company (BSC);
(ii) A Bahraini company with limited liability ('WLL');
(iii) A branch resident in Bahrain of a company incorporated under the laws of its territory of incorporation and (where local regulation so requires) authorised as an insurance or reinsurance intermediary in that territory;
(iv) A Bahraini exempt company (E.C.) which was incorporated and licensed to conduct insurance business prior to 1st January 2005: or
(v) A Bahraini single person company which was incorporated and licensed to conduct insurance business prior to 1st April 2009.
Amended: July 2007
Amended: April 2009
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