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Updated 8 Oct 2026, 02:43

Laws
Insurance Regulations, 2006
s 35

In forceAs enactedCurrent version · As enacted

Contents

Insurance Regulations, 2006

Find in this law

1These Regulations may be cited as the Insurance Regulations, 2006 and shall commence on the same date as the Insurance Order, 2006.

2For the purposes of section 9 of the Order, the prescribed documents and information to be furnished in respect of an application for regis...
3(1)
4The fee payable to the Authority in respect of registration to any person under section 48 of the Order to act or hold himself out as -
5The fees payable to the Authority in respect of registration to any person under section 53 of the Order -
6The fees payable to the Authority in respect of registration to any person under section 56 of the Order -
7The fee payable to the Authority by a person for inspection of or inspection and copying of any document pursuant to subsection (2) of sect...

8For the purposes of paragraph (b) of subsection (2) of section 5 and paragraph
9
10
11
12For the purposes of section 53 of the Order, the minimum limit of indemnity to be covered under a professional indemnity insurance for a pe...

13(1)
14
15The value of securities issued by a government or a public authority of that government shall, at the election of the insurer, be - {a) the...
16(1)
17
18The value of secured loans shall be an amount not exceeding-
19(1}
20The value of the aggregate of outstanding premiums and agents'
21
22(1}
23The value of any computer equipment, office machinery, furniture and motor vehicles of an insurer - 1086 {a) in the financial year of the c...
24
25For the purposes of this Part -
26(1)
27
28
29The assets of any insurance fund established by an insurer in respect of general business and relating to Brunei Darussalam policies shall...

30(1)
31(1)
32An insurer shall not issue a long term insurance policy unless there is incorporated in that policy a table indicating the minimum cash sur...
33

34For the purposes of subsection (7) of section 20 of the Order, the maximum amount which may be withdrawn from an insurance fund in respect...
35
36
37A person who is, or is to be, a managing director or director of a registered insurer,- {a} shall have educational qualifications and exper...
38A person who is, or is to be, a chief executive or principal officer of registered insurer - 1095 {a) shall have educational qualifications...
39The Authority shall have full discretion to determine whether a person has complied with this Part.
1
2
34 5.

Schedules

INVESTMENT LIMITS (regulation 27(1)) Description The combined total of investment in fully paid-up common shares of a company with a rating...

Insurance Regulations, 2006 · As enacted

Section 35

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Insurance Regulations, 2006 · s 35

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Where this comes from

Attorney General's Chambers · Insurance Regulations, 2006, As enacted. Reader record updated on 24 Sep 2026.

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Updated 8 Oct 2026, 02:43