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  • Executive Summary

    • PD-A.1.1

      The purpose of this Module is to set out the minimum requirements applied by the Central Bank of Bahrain (‘CBB’) to insurance firms, with respect to corporate and financial transparency through meaningful public disclosures. Such disclosures help protect customers of insurance firms and facilitate market discipline.

      Amended: January 2007

    • PD-A.1.2

      The CBB's disclosure requirements vary according to the Category of insurance licensee. Certain categories are exempt from these requirements, because of the limited nature of their business. The scope of application of these requirements is given in Section PD-B.1.

      Amended: January 2007

    • PD-A.1.3

      The CBB encourages insurance firms to go beyond the minimum requirements specified in this Module. Further guidance on international best practice in this regard is provided in Chapter PD-3.

      Amended: January 2007

    • PD-A.1.4

      In setting out certain detailed disclosure requirements, this Module supports various other parts of the Rulebook, namely:

      (a) Principles of Business (Module PB);
      (b) Authorisation (Module AU);
      (c) Auditors and Actuaries (Module AA);
      (d) CBB Reporting (Module BR);
      (e) Capital Adequacy (Module CA); and
      (f) Business Conduct (Module BC).
      Amended: January 2007