Insurance Brokers
AU-1.1.16
For the purposes of Volume 3 (Insurance),
insurance brokers are defined asinsurance licensees who undertake theregulated insurance service of broking of insurance contracts, as defined in Paragraphs AU-1.4.10 to AU-1.4.15.Amended: July 2007AU-1.1.17
[This Paragraph was merged with Paragraph AU-1.1.24 in January 2007.]
Amended: July 2007AU-1.1.18
An
insurance broker may be licensed for one or more of the following types of business:(a) General insurance (as defined in Paragraph AU-1.4.9);(b) Unit-linked long-term insurance;(d)Reinsurance ; and(e)Takaful products.Amended: July 2007
Amended: October 2007