• Internal Audit Reports

1. The insurance companies and the insurance-related professionals shall enable the internal audit staff to provide the Authority with the annual internal audit reports of the companies when the annual financial statements and reports are presented every year as well as Form No. ( 1 ) as hereto attached.
2. The internal audit report must comprise:
   1. An executive summary of the internal audit process.
   2. A short background.
   3. The objective and scope of participating in the audit.
   4. The methodology used.
   5. The main findings.
   6. The recommendations.
   7. The challenges.
3. The internal audit staff of the insurance companies and the insurance-relatedprofessionals must fill in the intended e-form of the internal audit report whenthey submit a copy of the annual internal audit report according to the ReportForm No (2 )as hereto attached.

• Risk Management Reports:

1. The insurance companies and the insurance-related professionals shall fill in the intended e-form of the risk management of the companies when the annual financial statements and reports are presented according to the Form No( 3 ) as hereto attached.
2. The insurance companies and the insurance-related professionals can provide the Authority with a copy of their risk management form which is associated with the e-report above.