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Past version: effective up to Jun 30 2007.
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New applicants for licensing as insurance brokersG after 1 April 2005 must be:

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