s.10Returns required of insurance broker and insurance manager
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Section 10Part 3 — OBLIGATIONS OF LICENSEES

Returns required of insurance broker and insurance manager

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Except as otherwise approved by the Authority in writing, an insurance broker or an insurance manager shall submit to the Authority by way of annual return, within six months of the end of its financial year —
financial statements prepared in accordance with internationally recognised accounting standards;
written confirmation that the information set out in the licence application, as modified by any subsequent changes approved by the Authority, remains correct;
evidence of adequate professional indemnity insurance as required under section 13; and
such other information as may be prescribed.
In addition to the submissions required under subsection (1), except as otherwise approved in writing by the Authority —
an insurance broker shall in respect of domestic business submit a list of all insurers for whom the insurance broker is authorised to act, commissions received from each insurer and the premium income received on behalf of and remitted to each such insurer during the financial year; and
an insurance manager shall submit a list of all insurers for whom the insurance manager acts.

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