In the application of the provisions of this Resolution, the following words and expressions shall have the meanings ascribed thereto, unless the context indicates otherwise:

State: United Arab Emirates.
Authority/IA: The Insurance Authority established by virtue of the Law.

Board: The Insurance Authority's Board of Directors.

Director General: The Director General of the Insurance Authority.

Company: The insurance company incorporated in the State and the foreign insurance company licensed to carry out insurance activities in the State either through a branch, or through an insurance agent, including Takaful insurance companies.

Person: A natural or legal person.
Insurance-Related Professions: Any person licensed by the Authority to practice any of the activities of insurance Agent, Actuary, Insurance Broker, Loss & Damage Adjuster, Insurance Consultant, Health Insurance TPA or any other insurance-related profession that the Board decides to regulate.

Bylaws, Regulations, Instructions and Decisions: Any bylaws, regulations, instructions or decisions issued pursuant to the Law.

Law: Federal Law No. (6) of 2007 concerning the Establishment of the Insurance Authority and Organization of its Operations and the amendments thereof.