Regulatory Alerts2024-10-03
Added · Updated
Draft Instructions for Licensing and Regulating Insurance Brokers
The Central Bank of Jordan issued a draft set of instructions for licensing insurance brokers and regulating their business operations and responsibilities. The document invites esteemed insurance companies and brokers to review the draft and submit comments within one month of the issuance date. This regulatory action targets insurance brokers operating in Jordan.
[Central Bank of Jordan Logo]
Number: 10/8/10155 Date: 27 / 3 / 1446 AH Corresponding to: 30 / 9 / 2024 AD
Esteemed Insurance Companies Esteemed Insurance Brokers
Subject: Draft Instructions for Licensing an Insurance Broker and Regulating Their Business and Responsibilities
Attached herewith is the draft instructions for licensing an insurance broker and regulating their business and responsibilities, for your kind review and to provide us with your comments - if any - within one month from this date.
Please accept our highest regards,
The Governor Dr. Adel Al-Sharkas [Signature]
Attachment/ Copy to: Esteemed Jordanian Insurance Federation Copy to: Esteemed Jordanian Association of Insurance Brokers