Regulatory Alerts2025-11-24
Added · Updated
Central Bank of Jordan Renewal Requirements for Non-resident Reinsurance Brokers
The Central Bank of Jordan mandates non-resident reinsurance brokers to submit a written renewal request along with specific documentation, including proof of origin license, personnel details, and a 2025 business report. Applicants must provide a valid professional indemnity insurance policy covering Jordan or worldwide for 2026 and pay an annual fee of 200 JOD. The renewal process requires signed acknowledgments regarding the Insurance Regulatory Law No. 12 of 2021, conflict of interest declarations, and the appointment of a Personal Data Protection Officer compliant with Law No. 24 of 2023. All original documents must be submitted by November 27, 2025, to the Insurance Supervision Department.