Central Bank of Bahrain - Rulebooks & Regulatory Update

CBB Volume 3: Contents

Central Bank of Bahrain Volume 3—Insurance

Part A

AU-B Scope of Application

AU-1 Authorisation Requirements

AU-1.1 Insurance Licensees

AU-1.2 Approved Persons

AU-1.3 Registered Actuaries and Loss Adjusters

AU-1.3A Registered Appointed Representatives

AU-1.4 Definition of Regulated Insurance Services

Carrying on of Insurance Business (Insurance Firms)

AU-1.4.7

AU-1.4.8

AU-1.4.9

The Broking of Insurance Contracts (Insurance Brokers/Appointed Representatives)

The Offering of Insurance Advice (Insurance Consultants)

The Provision of Insurance Management Services (Insurance Managers)

The Operating of an Insurance Exchange

AU-2 Licensing Conditions

AU-3 Approved Persons Conditions

AU-4 Registration Conditions

AU-5 Information Requirements and Processes

AU-6 Licensing and Registration Fees

PB Principles of Business

HC High-Level Controls

AA Auditors and Actuaries

GR General Requirements

Business Standards

Reporting Requirements

Enforcement & Redress

Sector Guides

Part B

Quarterly Updates

Ad-hoc Communications

Location: Central Bank of Bahrain Volume 3—Insurance > Part A > High Level Standards > AU Authorisation > AU-1 Authorisation Requirements > AU-1.4 Definition of Regulated Insurance Services > Carrying on of Insurance Business (Insurance Firms) > AU-1.4.9

AU-1.4.8

The Broking of Insurance Contracts (Insurance Brokers/Appointed Representatives)

AU-1.4.9

A contract of general insurance^G includes any insurance contract dealing within one or more of the following categories:

(a) Fire and other property damage;

(b) Marine, aviation and transport;

(c) Accident and liability insurance;

(d) Motor insurance; or

(e) Such other activities as the CBB may specify from time to time.

Amended: July 2007

Versions
(2 Versions)

Up to Jun 30 2007

Jul 1 2007 onwards

AU-1.4.8

The Broking of Insurance Contracts (Insurance Brokers/Appointed Representatives)