Central Bank of Jordan Circular: Insurance Business Management Companies License Renewal for 2026

CENTRAL BANK OF JORDAN البنك المركزي الأردني

Ref: 1942 / 2/17 Date: 5 / 11 / 1447 AH Corresponding to: 11 / 5 / 2025 AD

Dear Insurance Business Management Companies, Subject: License Renewal for 2026

Greetings,

Based on the provisions of paragraph (a) of Article (15) of the Instructions for Licensing Insurance Business Management Companies and the Principles Regulating and Supervising Their Business No. (36) of 2010, which states as follows: "An insurance business management company must submit an application for license renewal annually, no later than forty-five days before the expiration of its license, which falls on the 31st of December of each year, according to the form prepared for this purpose..."

We request that you submit your license renewal application for 2026 by no later than Thursday, November 27, 2025, and provide us with the following:

1. Completion of the license renewal form available on the Central Bank of Jordan's website and attaching the specified requirements within it.
2. A statement detailing the activities conducted during the previous year according to the form prepared for this purpose.
3. A statement listing the insurance companies and self-funded funds contracted with, and the expiration date of each agreement.
4. A statement including the name of the General Manager of the insurance business management company or those in charge of management, as appropriate, its senior employees, and the names of persons authorized to sign.
5. A non-criminal record certificate from the competent authorities for each of the Board of Directors members, the General Manager, and the senior employees of the company, as appropriate.
6. A copy of a valid professional liability insurance policy.
7. An updated copy of the company's registration certificate with the Companies Control Department, as appropriate (extracted from the website).

Phone: 0096264630301 Email: info@cbj.gov.jo Central Bank of Jordan P.O. Box (37) Amman 11118 Jordan Website: www.cbj.gov.jo Fax: 0096264638889

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CENTRAL BANK OF JORDAN البنك المركزي الأردني

8. An updated copy of the commercial name/trademark registration certificate with the Ministry of Industry, Trade and Supply, as appropriate.
9. Clarification of the detailed address of your office location and providing us with a recent copy of your office lease agreement.
10. Signing the written declaration form confirming compliance with the conditions stipulated in Articles (19-21) of the Insurance Business Regulation Law No. (12) of 2021, and undertaking to inform the Central Bank immediately if any of the conditions contained therein cease to be met for each of the Board of Directors members, the General Manager, and the senior employees of the company, as appropriate (Form CBJ/ISPs/F1/V1).
11. Signing the address declaration form.
12. A copy of the passport or national ID card for each of the Board of Directors members, the General Manager, and the senior employees of the company, as appropriate.
13. Details of your non-Jordanian employees, confirming that they hold valid work permits and/or residence permits, as appropriate.
14. Providing us with the appointment request for a Data Protection Officer on the attached form, along with all relevant documents, and adhering to the conditions and procedures stipulated in Article (11) of the Personal Data Protection Law No. (24) of 2023 and the provisions of paragraph (d) of Article (3) of the Data Protection Officer Accreditation Standards issued by the Data Protection Council.
15. Payment of the due annual fees and attaching the deposit receipt.

We emphasize the necessity of submitting the application by the specified deadline above to enable us to proceed with its review and take necessary action. Please note that the aforementioned forms are published on the Central Bank of Jordan's website (www.cbj.gov.jo).

Accept our highest regards,

Central Bank of Jordan

Phone: 0096264630301 Email: info@cbj.gov.jo Central Bank of Jordan P.O. Box (37) Amman 11118 Jordan Website: www.cbj.gov.jo Fax: 0096264638889

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Hashemite Kingdom of Jordan Central Bank of Jordan

Written Declaration - Insurance Service Provider

Based on the provisions of Articles (19-21), paragraph (c) of Article (82), and paragraph (a) of Article (83) of the Insurance Business Regulation Law No. (12) of 2021:

I, the undersigned: .................................................................................... Applicant for license/accreditation or licensed/accredited with the Central Bank of Jordan as: [ ] Insurance Agent [ ] Insurance Broker [ ] Reinsurance Broker [ ] Loss Adjuster [ ] Surveyor [ ] Insurance Consultant [ ] Actuary

And/or in the capacity of: [ ] Board Member in a personal capacity [ ] Board Member as a representative of any shareholder [ ] Owner or Partner [ ] Person in charge of management at a legal entity insurance service provider [ ] Employee at a legal entity insurance service provider

At the company: .................................................................................... As follows: -

1. Has any final judicial ruling been issued against you for a felony involving moral turpitude or a felony? Yes [ ] No [ ]

2. Are you still subject to insolvency proceedings or have you been declared bankrupt without your reputation being restored? Yes [ ] No [ ]

3. Were you responsible, in any capacity, as determined by the Central Bank of Jordan's Board of Directors, for a serious violation of any provisions of legislation related to financial activities? Yes [ ] No [ ]

4. Did you lose your membership on the board of directors of an insurance company by a decision of the Central Bank of Jordan's Board of Directors? Yes, due to my loss of one of the conditions required for membership on the insurance board. Yes, I was removed by a decision of the Central Bank of Jordan's Board of Directors. No [ ]

5. Was your license to practice any of the insurance service providers' activities cancelled or suspended as a disciplinary penalty, or did you not meet the conditions for re-licensing or registration from the authority that suspended or cancelled the license? Yes [ ] No [ ]

I also undertake to inform the Central Bank of Jordan if any of the above matters occur.

Signature: .................................... Date: ....................................

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(Address Declaration)

Based on the provisions of paragraph (a) of Article (83) of the Insurance Business Regulation Law No. (12) of 2021:

I, the undersigned: .................................................................................... National ID No.: .................................................................................... In my capacity as an insurance service provider: ( .................................................................... )

I declare that the address below is the approved address for serving any decisions or correspondence related to my business, and I undertake to inform the Central Bank in writing of any changes to this address.

Governorate:
City:
Street Name:
Building No.:
Phone:
Email (if any):
P.O. Box (if any):
Fax (if any):
Nearest Residential Landmark:

Name and Signature: .................................... Date: ....................................

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CENTRAL BANK OF JORDAN البنك المركزي الأردني

Application Form for Accreditation of a Data Protection Officer

First: Responsible Person's Data

Name of Responsible Person (Company)
Headquarters Address
Phone Number
Email

Second: Data Protection Officer's Data Requested for Accreditation | Full Name of the Officer | | | Officer's Status (Internal/External) | | | National ID No. | | | Previous Job Title | | | Institution and Workplace (External Officer) | | | Academic Qualifications | | | Professional Certifications (if any) | | | Work Experience | | | Residential Address | | | Phone Number | | | Email | |

Third: Required Attachments

1. Copy of Civil ID.
2. Work experience certificate.
3. Recent non-criminal record certificate.
4. Passport-sized photo.
5. Curriculum Vitae and certificate of academic qualifications.
6. Copy of professional certifications (if any).

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CENTRAL BANK OF JORDAN البنك المركزي الأردني

Fourth: Applicant's Declaration and Signature I, the undersigned applicant, declare the accuracy of all data, information, and attached documents, and I bear full responsibility if any inaccuracy is revealed.

Signature of Applicant (Responsible Person) and Stamp: .................................... Date of Application Submission: ....................................

Conditions and Qualifications Required for a Data Protection Officer

1. Must be a Jordanian national.
2. Must be of good conduct and character, and must not have been previously convicted of a criminal offense or a crime involving moral turpitude, unless their reputation has been restored.
3. Must possess specialized knowledge in data protection.
4. Must not have been previously dismissed from their job due to breach of duties related to personal data protection under a final judicial ruling or an unappealed disciplinary decision.

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