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GR-B.1.1

Past version: Effective from 01 Jul 2007 to 30 Sep 2007
To view other versions open the versions tab on the right

The requirements in Module GR (General Requirements) apply to insurance licensees, as follows:

Chapter Application to license categories Application to activities of overseas insurance licensees
GR-1 Applies to all insurance licensees; but GR-1.2.7 to GR-1.2.14 apply to insurance brokers only. Applies to Bahrain branch business only.
GR-2 Applies to all insurance licensees. Applies to Bahrain branch business only.
GR-3 Applies to all insurance licensees except captives, who are exempted. Exempted.
GR-4 Applies to all insurance licensees; conditional exemptions for captives and reinsurers apply (cf. GR-4.2.2 and GR-4.4.4). Applies to Bahrain branch business only.
GR-5 Applies to all insurance licensees. Applies to the whole corporate entity.
GR-6 Applies to all insurance licensees. Applies to the whole corporate entity.
GR-7 Applies to insurance firms and insurance brokers. Applies to Bahrain branch business only.
GR-8 Applies to all insurance licensees; captives may seek exemption from GR-8.1.5 and GR-8.1.6. Applies to Bahrain branch business only.
GR-9 Applies to insurance firms only. Applies to Bahrain branch business only.
GR-10 Applies to insurance brokers and insurance consultants only. Applies to Bahrain branch business only.
Amended: January 2007