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Central Bank cancels registration of BH Insurance Brokerage LLC

The Central Bank of the UAE (CBUAE) has cancelled the registration of BH Insurance Brokerage LLC, effective immediately. This affects any policyholder or business counterparty relying on this broker for insurance services. You must cease using this broker and transfer your insurance arrangements to a CBUAE-registered alternative without delay.

The analysis — automated & source-checked

Applies to
Financial services · UAE
What to do
Cease all dealings with BH Insurance Brokerage LLC immediately. Transfer any active insurance policies or brokerage arrangements to a CBUAE-registered insurance broker. Verify the new broker's registration on the CBUAE register.

Source

“The Central Bank of the UAE (CBUAE) has cancelled the registration of BH Insurance Brokerage LLC, effective immediately.”

— Central Bank of UAE, 27 Dec 2022

Source: Central Bank of UAE — official 27 Dec 2022 Read the original ↗ More from Central Bank of UAE →

This is a plain-language summary, not legal advice. For your specific situation, consult a UAE-qualified professional and the original source.

Quick answers

What do I need to do?

Cease all dealings with BH Insurance Brokerage LLC immediately. Transfer any active insurance policies or brokerage arrangements to a CBUAE-registered insurance broker. Verify the new broker's registration on the CBUAE register.

Who issued this?

Central Bank of UAE (UAE).

When was it announced?

27 Dec 2022.

Where can I read the original?

Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/cbuae-cancels-the-registration-of-bh-insurance-brokerage-llc/

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