Regulatory Alerts2024-11-25
Added · Updated
Requirements for Renewing Insurance Business Management Company Licenses for 2025
The Central Bank of Jordan requires Insurance Business Management Companies to submit license renewal applications for 2025 by Thursday, November 28, 2024. Applicants must complete the designated renewal form and provide thirteen specific documents, including activity statements, criminal record certificates for key personnel, professional liability insurance, and proof of fee payment. The directive mandates compliance with Articles 19-21 of the Insurance Business Regulations No. 12 of 2021 and requires immediate notification of any changes to the conditions affecting owners, partners, or employees.
Topics
Share