Regulatory Alerts2024-01-28
Life and Unit-Linked Insurance
The Central Bank of Bahrain proposes a new Chapter BC-5 on Life and Unit-Linked Insurance under Module BC to standardize regulatory requirements for insurance firms. The consultation details specific amendments governing life and unit-linked policies, which will be published on the regulator’s website for public review. All insurance companies and external audit firms must submit their feedback, including nil responses, in an editable format by 28 January 2024.
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