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IM-3.1.2

Past version: Effective from 19 Jul 2025 to 30 Jun 2007
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Bahraini insurance brokers must maintain in their insurance brokerage business at all times the greater of:

(a) a minimum net assets value of BD 50,000;
(b) 4% of client money balances held in Bahrain; or
(c) 4% of annual income from global insurance broking activities

There are no minimum capital and net asset requirements for overseas insurance brokers However, for overseas insurance brokers, financial statements of the parent company must be submitted to the BMA for review, in order to assess the financial stability of the group on a global basis.

Rulebook Reference CA-1.3