1- The company may participate in establishing and dealing with insurance or reinsurance pools established inside or outside the State.

2 - Before participating in the establishment or dealing with these pools, the company shall obtain the prior approval of the Director General and provide the Authority with the following information:

1. Insurance and / or reinsurance classes that will be carried out by the pool;
    
2. A copy of the pool’s Articles of Association.
    
3. Copies of the treaties concluded by the pools with the participant and ceding companies.
    
4. The classification rate obtained by the pool in case it has a classification.
    
5. Names, addresses and specializations of other companies participating in the pool.
    
6. Copies of the audited financial statements of the pool for the previous three years.