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NameInsurance Broker must meet professional criteria as insurance agency to operate business
DescriptionAn Insurance broker must meet the relevant professional criteria similar to insurance agency in order to operate business for domestic insurance companies. An Insurance broker shall be paid according to the term of contract between such broker and each company.
Comments-
Validity From21-03-2016
Validity To31-12-9999
ReferenceArticle 5
StatusActive
Measure TypeLicensing (based on qualifications / education)
Agency NameMinistry of Finance
Legal DocumentMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016
This measure applies to Service