The Board of Directors of the Insurance Authority, having perused:
- The Federal Law No. (6) of 2007 concerning the Establishment of the Insurance Authority and Organization of its Operations, as amended;
- The Board of Directors Resolution No. (2) of 2009 regarding issuing the Implementing Regulations of the Federal Law No. (6) of 2007 concerning the Establishment of the Insurance Authority and Organization of its Operations;
- The regulations, instructions and decisions relating to insurance-related professions; and
- Based on the recommendation of the Director General of the Authority, and the approval of the Board of Directors,
Has resolved: