Life and Unit-Linked Insurance

Central Bank of Bahrain
مَعْرِضُ الْبَحْرَيْنِ المَلَكِيّ

OG/444/2023
31st December 2023

Chief Executive Officer
All Insurance firms
Manama
Kingdom of Bahrain

Dear Sir/Madam,

Consultation: Life and Unit-Linked Insurance Requirements

As part of the CBB’s initiatives to further enhance its regulatory framework, the CBB is hereby proposing a new Chapter BC-5 on “Life and Unit-Linked Insurance” under the Business and Market Conduct Module (Module BC) of the CBB Rulebook – Volume 3.

The proposed amendments under Module BC shall be available on the CBB website (www.cbb.gov.bh) under the “Open Consultations” Section.

The CBB requests you to provide your comments, including ‘nil comments’ on the proposed amendments in an editable format to consultation@cbb.gov.bh by 28th January 2024.

Yours faithfully,

Rasheed M. Al Maraj
Governor

cc: Bahrain Insurance Association
External Audit Firms

هاتف : +٩٧٣ ١٧٥٤ ٧٥٠٠ ، +٩٧٣ ١٧٥٤ ٧٥٠٠ فاكس : +٩٧٣ ١٧٥٢ ٧٧٩٩ ، ص.ب ٢٧، المنامة، مملكة البحرين T +973 1754 7500, +973 1754 7555, F +973 1753 7799, P.O. Box 27, Manama, Kingdom of Bahrain, www.cbb.gov.bh