Home   Browse contents   View updates   Search  
     Quick search

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

(2 versions)
Up to Aug 15 2012Aug 16 2012 onwards

PIN 2.2.1

Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

An Insurer'sG risk management systems must:

(a) be appropriate to the size, business mix and complexity of the Insurer'sG operations;
(b) address all material risks, financial and non-financial, to which the InsurerG is likely to be exposed;
(c) describe the relationships between the Insurer'sG risk tolerance limits, its capital requirements, economic capital and the processes and methods for monitoring risk; and
(d) be supported by adequate risk management policies and procedures which explain the risks covered, the measurement approaches used, and the key assumptions made.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] DFSA RM99/2012 (Made 24th July 2012) [VER12/07-12]