Section 7

No person other than an insurer registered under this Order shall, without the written consent of the Authority, use the word “insurance” or any of its derivatives in any language, or any other word indicating that such person carries on insurance business in the name, description or title under which it carries on business in Brunei Darussalam or make any representation to such effect in any bill head, letter, paper, notice or advertisement or in any other manner:

Provided that nothing in the section shall prohibit an association of insurers from using the words “insurance”, “assurance” or “underwriter” or any of their derivatives in any language as part of its name or description of its activities.

Every insurer and insurance intermediary registered under this Order shall in advertisement, letterhead, name board, brochure or other publication indicate after its name whether it is an insurer, insurance broker or insurance intermediary for an insurer.

Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000, imprisonment for a term not exceeding one year or both, and in the case of a continuing offence to a further fine not exceeding $1,000 for every day during which the offence continues after conviction.

Examination of persons suspected of carrying on insurance business.