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  • EN-9.1 EN-9.1 Legal Source

    • EN-9.1.1

      Article 74 of the CBB Law empowers the CBB to establish the terms and conditions for registration.

      Adopted: January 2007

    • EN-9.1.2

      In addition,Paragraph AU-4.1.1 of Module AU (Authorisation) requires persons wishing to carry on the business of an actuary, loss adjuster or appointed representative in the Kingdom of Bahrain to be registered as such by the CBB. A condition of registration is that actuaries, loss adjusters and appointed representatives have relevant expertise and hold professional qualifications from a relevant, recognised professional body.

      Amended: October 2009
      Amended: October 2007
      Amended: January 2007

    • EN-9.1.3

      Actuaries and loss adjusters and the licensed principal of the appointed representatives must satisfy the CBB that they are generally suitable to operate as such. The suitability of actuaries, loss adjusters and appointed representatives is determined in accordance with Sections AU-4.1 and AU-4.2. If the CBB is satisfied that they meet the necessary requirements, they will be granted registration. Should the CBB not be satisfied of the suitability of an actuary, loss adjuster or appointed representatives it has the right to cancel their registration.

      Amended: October 2009
      Amended: January 2007