Content of the Insurance Broker Return
BR-1.2A.6
Insurance Brokers must submit the Insurance Broker Return within two months of its financial year end, using the prescribed form IBR from Part B of Volume 3 (Insurance).Amended: October 2023
Amended: February 2014
Amended: April 2013
Added: April 2012BR-1.2A.7
The content of the IBR required to be submitted by an
insurance broker in accordance with Paragraph BR-1.2A.6 must be in the format prescribed by the CBB and completed in accordance with any instructions specified by the CBB.Added: April 2012BR-1.2A.8
The IBR must be completed by every
insurance broker licensed in Bahrain, in the following manner:(a) In the case of aninsurance broker incorporated in Bahrain, the IBR must be completed on an equity basis, detailing all investments in subsidiaries; or(b) In the case of anoverseas insurance licensee , the IBR must be completed in respect of the activities carried out by theoverseas insurance licensee in Bahrain.Added: April 2012BR-1.2A.9
The format of the IBR is included in Part B of the Rulebook as Form IBR.
Added: April 2012