Insurance companies that transact the business of property and liability insurance as detailed in Article (5) of the Implementing Regulations No. (2) of 2009 of the Federal Law No. (6) of 2007 concerning the Establishment of the Insurance Authority and Organization of its Operations shall comply with the following:

1. Revise the pricing policy applied by the company in the classes of insurance provided for in Article (5) of the Implementing Regulations, explain the principles and rules adopted in setting the prices, assess such policy and submit proposals for the amendment thereof, if necessary, by an Actuary licensed and registered with the Insurance Authority.
    
2. The company must review and assess its pricing policy twice in each fiscal year of the company. The first revision shall be made by the end of the first half of the year, and the second revision at the end of December.