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Minimum fund

An amount fixed by the CBB from time to time not less than the following: Category 1 Insurer: BD 300,000 Category 2 Insurer: BD 500,000 Category 3 Insurer: BD 400,000 Category 4 Insurer: The relevant minimum fund for category 1 or 2 (depending on the type of general business underwritten) PLUS the Category 3 minimum. For captive insurers, Category C1 Insurer: BD 75,000 Category C2 Insurer: BD 300,000.

(2 Versions)
Up to Jun 30 2007Jul 1 2007 onwards
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