Insurance agency of Republic of Srpska

Law:

1. Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 17/05

Corrections, changes and additions:

1. Correction to the Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 01/06
2. Law on Amendments of the Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 64/06
3. Law on Amendments of the Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 74/10
4. Law on Amendments of the Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 47/17
5. Law on Amendments of the Law on Insurance Companies
   Off. Gazette of the Republic of Srpska No. 58/19

Rulebooks:

1. Rulebook on additional supervision of groups of insurers (Official Gazette of RS No. 55/24 of June 20, 2024) [serbian version]
2. Rulebook on the Form and Content of Supervisory and Statistical Reports of Insurance and Reinsurance companies (Off. Gazette of RS no. 3/24 of 12 January 2024) [serbian version]
   • ENCLOSURE 1: Insurance company report [serbian version]
   • ENCLOSURE 2: Reinsurance company reports [serbian version]
   • Instructions for filling out supervisory and statistical reports of insurance companies with headquarters in the Republic of Srpska and branches of insurance companies with headquarters in the Federation of Bosnia and Herzegovina [serbian version]
3. Rulebook on Rules of Opening and Business Activities of Branch Offices of Insurance Company Branches in Inter-entity Business Activities (Off. Gazette of RS no. 77/19 of 19 September 2019)
   • Correction of the Rulebook on Rules of Opening and Business Activities of Branch Offices of Insurance Company Branches in Inter-entity Business Activities (Off. Gazette of RS no. 96/19 of 15 November 2019)
   • Rulebook on the Amendments of the Rulebook on Rules of Opening and Business Activities of Branch Offices of Insurance Company Branches in Inter-entity Business Activities (Off. Gazette of RS no. 117/20 of 27 November 2020)
   • Rulebook on Amendments to the Rulebook on the Rules for Establishing and Operating Branches of Insurance Companies in Inter-Entity Business (Official Gazette of the RS No. 3/24 of January 12, 2024)
   • ENCLOSURE: Forms for the drafting of the reports [serbian version]
   • Instructions for filling out supervisory and statistical reports of insurance companies with headquarters in the Republic of Srpska and branches of insurance companies with headquarters in the Federation of Bosnia and Herzegovina [serbian version]
4. Rulebook on Content, Mode and Terms to Submit Reports, Notifications and Other Data on Insurance Companies (Off. Gazette of RS, no. 91/14 dated on 15 October 2014) [serbian version]
   • Rulebook on Amendments to the Rulebook on the Content, Method and Deadlines for Submitting Reports, Notifications and Other Data of Insurance Companies (Official Gazette of the RS No. 3/24 of January 12, 2024) [serbian version]
5. Rulebook on the Procedure for Acquisition of a Qualified Share in an Insurance Company (Off. Gazette of RS no. 89/19 dated on 28 Ocober 2019)
6. Rulebook on Internal Audit in Insurance Companies (Off. Gazette of RS no. 77/19 of 19 September 2019)
7. Rulebook on Repealing of the Rulebook on the System of Governance in Insurance Companies (Off. Gazette of RS no. 50/16 of 21 June 2016) [serbian version]
8. Rulebook on Dealing with Complaints by Insurance Companies (Off. Gazette of RS, no. 10/15 of 12 February 2015) [serbian version]
9. Rulebook on the Content and the Mode of Keeping Records of Insurance Companies and the Branches of Insurance Companies with the Insurance Agency of the Republic of Srpska (Off. Gazette of RS no. 65/13 of 1 August 2013) [serbian version]
   • Rulebook on the Amendments of the Rulebook on the Content and the Mode of Keeping Records of Insurance Companies and the Branches of Insurance Companies with the Insurance Agency of the Republic of Srpska (Off. Gazette of RS no. 77/19 of 19 September 2019) [serbian version]
   • Rulebook on Amendments to the Rulebook on the Content and Method of Keeping the Register of Insurance Companies and Branches of Insurance Companies at the Insurance Agency of the Republic of Srpska (Official Gazette of the RS No. 37/24 of April 25, 2024) [serbian version]
10. Rulebook on Elements and Control of Solvency Margin of Insurance Companies (Off. Gazette no. 103/12 of 6 November 2012)
11. Rulebook on the Method of Capital Calculation and Adequacy of Capital of Insurance Companies (Off. Gazette of RS no. 89/19 dated on 28 Ocober 2019)
12. Rulebook on the Persons on Significant Positions in the Insurance Companies (Off. Gazetteof RS no. 61/16 dated on 22 July 2016)
    • Rulebook on the Amendments of the Rulebook on the Persons on Significant Positions in the Insurance Companies (Off. Gazetteof RS no. 77/19 dated on 19 September 2019)
    • ENCLOSURE 1: Request for issuing the approval for appointment [serbian version]
    • ENCLOSURE 2: Questionnaire for the candidate, for the person on the significant position in insurance companies [serbian version]
    • Rulebook on Amendments to the Rulebook on Persons in Significant Positions in the Insurance Company (Official Gazette of the RS No. 37/24 of April 25, 2024) [serbian version]
13. Rulebook on the Implementation of the Law on Protection of Personal Data (Off. Gazette of RS no. 66/10 of 12 July 2010) [serbian version]
    • Rulebook on Amendments of the Rulebook on the Implementation of the Law on Protection of Personal Data (Off. Gazette of RS no. 61/16 of 22 July 2016) [serbian version]
14. Rulebook on the Mode of Determining and Monitoring of Liquidity of Insurance and Reinsurance Companies (Off. Gazette of RS no. 38/15 of 18 May 2015) [serbian version]
15. Ruleboook on the Manner of Assessment of Balance and Off-balance Positions of Insurance Companies (Off. Gazette of RS No. 10/09 of 17 February 2009) [serbian version]
    • Rulebook on Amendments of the Rulebook on the Manner of Assessment of Balance and Off-balance Positions of Insurance Companies (Off. Gazette of RS no. 91/14 of 15 October 2014) [serbian version]
    • Rulebook on Amendments of the Rulebook on the Manner of Assessment of Balance and Off-balance Positions of Insurance Companies (Off. Gazette of RS no. 57/22 of 16 Jun 2022) [serbian version]
    • ENCLOSURE: Forms for the drafting of the report [serbian version]
16. Rulebook on the investment of assets of Insurance Companies (Off. Gazette of RS no. 117/20 of 27 November 2020)
    • ENCLOSURE: Forms for drafting of the report [serbian version]
    • Rulebook on Amendments to the Rulebook on the Investment of assets of Insurance Companies (Off. Gazette of RS no. 23/21 of 23 Mart 2021)
    • Rulebook on Amendments of the Rulebook on Investing Instruments of Insurance Companies (Off. Gazette of RS no. 118/22 of 30 November 2022)[serbian version]
    • Instruction on the Form and Content of Report on Analytical Data of Investing Assets of Insurance Companies (Off. Gazette of RS no. 118/22 of 30 November 2022)[serbian version]
    • Rulebook on Amendments of the Rulebook on Investing Instruments of Insurance Companies (Off. Gazette of RS no. 1/23 of 05 January 2023)[serbian version]
    • Rulebook on Amendments of the Rulebook on Investing Instruments of Insurance Companies (Off. Gazette of RS no. 25/23 of 16 March 2023)[serbian version]
    • Rulebook on Amendments to the Rulebook on Investing Funds of Insurance Companies (Official Gazette of the RS No. 83/24 of September 24, 2024)[serbian version] – NEW
17. Rulebook on the Content of the Report of the Independent Auditor in Financial Audit and Other Reports of Insurance Companies (Off. Gazette of RS No. 7/08 of 1 February 2008) [serbian version]
    • Rulebook on Amendments of the Rulebook on the Content of the Report of the Independent Auditor in Financial Audit and Other Reports of Insurance Companies (Off. Gazette of RS no. 106/08 of 13 November 2008) [serbian version]
    • Rulebook on Amendments of the Rulebook on the Content of the Report of the Independent Auditor in Financial Audit and Other Reports of Insurance Companies (Off. Gazette of RS no. 127/11 dated on 20 December 2011) [serbian version]
18. Rulebook on the Supervision of the Participants in the Insurance Market (Off. Gazette of RS no. 77/19 of 19 September 2019)
19. Rulebook on the Mode of Recording and Managing of the Registry of Authorized Actuaries with the Insurance Agency of the Republic of Srpska (Off. Gazette of RS, No. 57/06 dated on 16 June 2006) [serbian version]
    • Form: Application for Recording and Change of Recording of the Authorized Actuary in the Register with the Insurance Agency of RS [serbian version]
20. Rulebook on the Requirements for Acquiring and Revocation of the Title of the Certified Actuary (Off. Gazette of RS, No. 57/06 of 16 June 2006)
    • Rulebook on the Amendmends of the Rulebook on the Requirements for Acquiring and Revocation of the Title of the Certified Actuary (Off. Gazette of RS, No. 71/08 of 31 July 2008)
21. Rulebook on the Life Insurance Related to Investments (Off. Gazette of RS, No. 116/06 dated on 30 November 2006) [serbian version]
22. Rulebook on Technical Reserves (Off. Gazette of RS, No. 116/06 of 30 November 2006)

Law:

1. Law on the Obligatory Insurance in Traffic
   (Off. Gazette of the Republic of Srpska, No. 82/15)

Corrections, changes and additions:

1. Law on Amendments to the Law on Compulsory Traffic Insurances
   (Off. Gazette of the Republic of Srpska No. 78/20)
2. Law on Amendments of the Law on the Obligatory Insurance in Traffic
   (Off. Gazette of the Republic of Srpska, No. 1/24)

Rulebooks:

1. Rulebook on the Content, Mode of Collecting, Managing and Accessing Data from the Registry of the Infromation Center of the Insurance Agency of the Republic of Srpska (Off. Gazette of RS, No. 61/16 of 22 July 2016) [serbian version]
2. Rulebook on the minimum content of databases and central electronic records for mandatory traffic insurance (Official Gazette of RS No. 37/24 of April 25, 2024) [serbian version]
3. Rulebook on the Mode of Determination, Calculation and Terms of Payment of Contribution to the Protection Fund of RS (Off. Gazette of RS, no. 107/15 of 25 December 2015) [serbian version]
   • Rulebook on the Amendments of the Rulebook on the Mode of Determination, Calculation and Terms of Payment of Contribution to the Protection Fund of RS
     (Off. Gazette of RS, no. 50/16 of 21 June 2016) [serbian version]

Law:

1. Law on Insurance Intermediaries, Insurance and Reinsurance
   Off. Gazette of the Republic of Srpska No. 47/17

Rulebooks:

1. Rulebook on the Content and Mode of Keeping Registries of Insurance Intermediaries, insurance and reinsurance (Off. Gazette of RS No. 21/19 dated on 14 March 2019) [serbian version]
2. Rulebook on mutual relations between insurance representatives and insurance companies and limitation of commision of insurance representatives (Off. Gazette of RS No. 21/19 dated on 14 March 2019) [serbian version]
   • Rulebook on the Amendments of the Rulebook on mutual relations between insurance representatives and insurance companies and limitation of commision of insurance representatives (Off. Gazette of RS No. 85/21 dated on 23 September 2021) [serbian version]
3. Rulebook on the Professional Examination for conduct of business of insurance representation and intermediation and business of representation of voluntary pension funds (Off. Gazette of RS No. 23/18 of 16 March 2018) [serbian version]
4. Rulebook on the procedure for issuing the authorization and licence for insurance representation and intermediation and entry in the Registries of Insurance Agency of Republic of Srpska (Off. Gazette of RS No. 23/18 of 16 March 2018)
   • Rulebook on the Amendments of the Rulebook on the procedure for issuing the authorization and licence for insurance representation and intermediation and entry in the Registries of Insurance Agency of Republic of Srpska (Off. Gazette of RS No. 57/22 of 16 Jun 2022)
   • Form: ZP-1 The request of the natural entity for issuing the authorization for insurance representation and entry in the Registry of insurance representatives – natural entities [serbian version]
   • Form: ZP-2 The request of the natural entity for issuing the authorization for insurance intermediation and entry in the Registry of insurance brokers – natural entities [serbian version]
   • Form: ZP-3 Request of the insurance representation company for issuing the licence for conducting activites of insurance representation and entry in the Registry of companies for insurance representation [serbian version]
   • Form: ZP-4 Request of the bank, company for postal traffic of Republic of Srpska “Pošte Srpske” ad Banja Luka and microcredit company for issuing the licence for conducting the activity of insurance representation and entry in the Registry of companies for insurance representation [serbian version]
   • Form: ZP-5 Request of the entrepreneur for insurance representation for issuing the licence for conducting the activity of insurance representation and entry in the Registry of insurance representatives – natural entities, entrepreneurs [serbian version]
   • Form: ZP-6 Request of the insurance brokerage company for issuing the licence for conducting the activities of the insurance intermediation-brokerage and the entry in the Registry of the insurance brokerage companies [serbian version]
   • Form: ZP-7 Request of the insurance representation company / insurance brokerage company from FBiH for entry in the Registry of the insurance representation company / insurance broker companies – subregistry of the insurance representation company / insurance broker companies from FBiH [serbian version]
   • Form: ZP-8 Request of the natural entity from FBiH authorized representative, i.e. insurance intermediator for entry / staying in force of the entry in the Registry of insurance representatives – natural entities – subregistry of representatives – natural entities from FBiH / insurance intermediators – natural entities – subregistry of insurance intermediators – natural entities from FBiH [serbian version]
5. Rulebook on Submission of Reports, Notifications and Other Data by Insurance Repesentatives and Insurance and Reinsurance Intermediaries (Off. Gazette of RS, no. 113/17 of 21 December 2017) [serbian version]
   • Rulebook on the Amendments of the Rulebook on Submission of Reports, Notifications and Other Data by Insurance Repesentatives and Insurance and Reinsurance Intermediaries (Off. Gazette of RS, no. 117/20 of 27 November 2020) [serbian version]
   • Rulebook on Amendments to the Rulebook on Delivery of Reports, Notifications and Other Data of Insurance Agents and Insurance and Reinsurance Intermediaries (Official Gazette of RS No. 3/24 of January 12, 2024) [serbian version]
   • ENCLOSURE: Reports of Insurance and Reinsurance Intermediaries [serbian version]
   • Instructions for completing statistical, supervisory and financial reports of insurance and reinsurance agents and intermediaries [serbian version] – NEW

Law:

1. Law on Prevention of Money Laundering and Financing of Terrorist Activities

• Decision on the method of implementation of targeted financial sanctions of the United Nations Security Council related to the financing of terrorism and the financing of the proliferation of weapons of mass destruction [serbian version]

Guidelines:

1. Guidelines for Risk Assessment and Implementation of the Law on Prevetion of Money Laundering and Financing of Terrorist Activites in the Insurance Area
2. Guidelines on Amendments of the Guidelines for Risk Assessment and Implementation of the Law on Prevetion of Money Laundering and Financing of Terrorist Activites in the Insurance Area [serbian version]
3. Guidelines for Risk Assessment and Implementation of the Law on Prevetion of Money Laundering and Financing of Terrorist Activites in the Insurance Area – Revised text