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Past version: effective from Jul 1 2007 - Mar 31 2009.
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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) authorised 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.
Amended: July 2007
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