1- The registration period is one year and ends at the end of December. In case the registration is effective during the year, the first registration period shall commence from the date of the registration and end at the end of the same year.

2. The registration shall be renewed annually through Electronic Means or other means adopted by the Authority, after submission of the following information and documents:

1. Changes in the Company's underwriting policy in the following year.
    
2. Any fundamental changes in the parent company's status during the past year.
    
3. Any changes made to the branch manager or senior officers and their powers.
    
4. Any changes for the company’s auditor, actuary or legal consultant.
    
5. Submitting a copy of the estimated budget for the subsequent financial year.