Every insurer shall make a return to the Registrar in such form and at such times as he or she requires, showing all persons, partnerships and companies—
(a) registered as its insurance agents or insurance salesmen in Saint Lucia;
(b) to whom it has, within such period as may be specified in the form, paid or agreed to pay or allowed to be paid directly or indirectly, compensation for placing or negotiating insurance on lives, property or interests in Saint Lucia or negotiating the continuance or renewal of such insurance or for attempting to do so.