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  • PD-B.1 PD-B.1 Scope

    • PD-B.1.1

      The contents of this Module apply to both Bahraini insurance firms and overseas insurance firms.

      Amended: July 2007
      Amended: October 2007

    • PD-B.1.2

      The disclosures required generally relate to all the corporate activities of the licensee concerned, including activities undertaken outside Bahrain through overseas branches or an overseas head office. Specific rules and guidance in this respect are included in Chapter PD-1.

    • PD-B.1.3

      Where licensees are part of a group, then certain disclosures also require information relating to the licensee's subsidiaries, parents and affiliates. Specific requirements in this respect are also included in Chapter PD-1.

      Amended: January 2007

    • PD-B.1.4

      This Module does not apply to captive insurers; insurance brokers; insurance consultants; insurance managers; and appointed representatives.

      Amended: July 2007

    • PD-B.1.5

      Captive insurers for the most part expose only connected counterparties to financial risks. The remaining categories listed in Paragraph PD-B.1.4 pose limited financial risk to policyholders because of the limited nature of their activities.

      Amended: January 2007