Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER14/06-14]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

Whole Section Print Print Manager Link


  Versions
(2 versions)
 
Jul 14 2013 - Aug 20 2014Aug 21 2014 onwards

Prudential — Insurance Business Module (PIN) [VER14/06-14]

View whole sectionWhole 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.


Contents:
PIN 1 Application
PIN 1.1 Application
PIN 2 Management and Control of Risk
PIN 2.1 Introduction
PIN 2.2 Risk management
PIN 2.3 Management of particular risks
PIN 2.4 Record-keeping
PIN 2.5 Insurers that undertake surety insurance business
PIN 3 Long-Term Insurance Business
PIN 3.1 Introduction
PIN 3.2 Establishment of long-term insurance funds
PIN 3.3 Attribution of contracts to a fund
PIN 3.4 Segregation of assets and liabilities
PIN 3.5 Limitation on use of assets in long-term insurance fund
PIN 3.6 Other requirements
PIN 4 Capital Adequacy
PIN 4.1 Introduction
PIN 4.2 Basic requirement
PIN 4.3 Minimum capital requirement for insurers that are not protected cell companies
PIN 4.4 Minimum capital requirement for insurers that are protected cell companies
PIN 4.5 [Deleted]
PIN 4.6 Insurers that undertake long-term insurance business
PIN 4.7 Availability of assets of insurers incorporated outside the DIFC
PIN 4.8 Failure to comply with this chapter
PIN 4.9 Limitations on distributions by insurers
PIN 5 Measurement of Assets and Liabilities of Insurers
PIN 5.1 General provisions
PIN 5.2 Classification of insurance business
PIN 5.3 Basic principles of recognition and measurement
PIN 5.4 Recognition and measurement of insurance assets and liabilities in respect of general insurance
PIN 5.5 Discount rates
PIN 5.6 Recognition and measurement of assets and liabilities in respect of long-term insurance
PIN 5.7 Value of investments in subsidiaries and associates that are subject to minimum capital requirements
5.8 Transfer of risk by an Insurer to an ISPV
PIN 6 Financial and Other Reporting by Insurers
PIN 6.1 Introduction
PIN 6.2 Annual regulatory return
PIN 6.3 Quarterly regulatory return
PIN 6.4 Audit of annual regulatory return
PIN 6.5 Submission of Returns to the DFSA
PIN 6.6 Reporting of group capital adequacy
PIN 7 Actuaries
PIN 7.1 Introduction
PIN 7.2 The requirement for an actuarial report on general insurance business
PIN 7.3 The requirement for an actuarial investigation of and report on long-term insurance business
PIN 7.4 Additional provisions relating to the report
PIN 7.5 Qualifications of the actuary
PIN 8 Consolidated Supervision
PIN 8.1 Introduction
PIN 8.2 Adequacy of capital resources of the group
PIN 8.2 Systems and controls requirements
PIN 8.3 Financial group capital requirements and financial group capital resources
PIN 8.4 Transactions within a group
PIN 8.5 Significant transactions other than group transactions
PIN 9 Insurers in Run-off
PIN 9.1 Introduction
PIN 9.2 Insurers ceasing to effect contracts of insurance in a class of business
PIN 9.3 Run-off plans
PIN 9.4 Requirements for collateral for insurers in run-off
PIN 9.5 Provisions in respect of contracts relating to insurance business in run-off
PIN 9.6 Limitations on distributions by DIFC incorporated insurers in run-off
PIN 10 Insurance Special Purpose Vehicles
PIN 10.1 Application
PIN App1 Guide to the Appendices
PIN A1.1 Guide to the appendices
PIN App2 Management and Control of Risk
PIN A2.1 Introduction
PIN A2.2 Objectives of the rules
PIN A2.3 Risk management systems
PIN A2.4 Control mechanisms
PIN A2.5 Reserving risk
PIN A2.6 Investment risk
PIN A2.7 Underwriting risk
PIN A2.8 Claims management risk
PIN A2.9 Product design and pricing risk
PIN A2.10 Liquidity management risk
PIN A2.11 Credit quality risk
PIN A2.12 Business continuity planning risk
PIN A2.13 Outsourcing risk
PIN A2.14 Reinsurance risk
PIN A2.15 Group risk
PIN App3 Calculation of Adjusted Capital Resources
PIN A3.1 Purpose and general provisions
PIN A3.2 Adjusted capital resources
PIN A3.3 Base capital
PIN A3.4 Adjusted equity
PIN A3.5 Hybrid capital adjustment
PIN App4 Calculation of Minimum Capital Requirement
PIN A4.1 Purpose and general provisions
PIN A4.2 Minimum capital requirement
PIN A4.3 Applicability of components to assets of the insurer
PIN A4.4 Default risk component
PIN A4.5 Investment volatility risk component
PIN A4.6 Off-balance sheet asset risk component
PIN A4.7 Off-balance sheet liability risk component
PIN A4.8 Concentration risk component
PIN A4.9 Size factor component
PIN A4.10 Underwriting risk component
PIN A4.11 Reserving risk component
PIN A4.12 Long-term insurance risk component
PIN A4.13 Asset management risk component
PIN App5 Calculation of Adjusted Non-Cellular Capital Resources and Adjusted Cellular Capital Resources
PIN A5.1 Purpose and general provisions
PIN A5.2 Adjusted non-cellular capital resources
PIN A5.3 Base non-cellular capital
PIN A5.4 Adjusted non-cellular equity
PIN A5.5 Hybrid non-cellular capital adjustment
PIN A5.6 Adjusted cellular capital resources
PIN A5.7 Base cellular capital
PIN A5.8 Adjusted cellular equity
PIN A5.9 Non-cellular capital adjustment
PIN A5.10 Hybrid cellular capital adjustment
PIN App6 Calculation of Minimum Non-Cellular Capital Requirement and Minimum Cellular Capital Requirement
PIN A6.1 Purpose and general provisions
PIN A6.2 Minimum segmental capital requirement
PIN A6.3 Applicability of components to assets of the insurer
PIN A6.4 Default risk component
PIN A6.5 Investment volatility risk component
PIN A6.6 Off-balance sheet asset risk component
PIN A6.7 Off-balance sheet liability risk component
PIN A6.8 Concentration risk component
PIN A6.9 Size factor component
PIN A6.10 Underwriting risk component
PIN A6.11 Reserving risk component
PIN A6.12 Long-term insurance risk component
PIN A6.13 Asset management risk component
PIN App7 Calculation of Adjusted Fund Capital Resources
PIN A7.1 Purpose and general provisions
PIN A7.2 Adjusted fund capital resources
PIN A7.3 Base fund capital
PIN A7.4 Adjusted fund equity
PIN A7.5 Fund hybrid capital adjustment
PIN App8 Calculation of Minimum Fund Capital Requirement
PIN A8.1 Purpose and general provisions
PIN A8.2 Minimum fund capital requirement
PIN A8.3 Applicability of components to assets of the fund
PIN A8.4 Default risk component
PIN A8.5 Investment volatility risk component
PIN A8.6 Off-balance sheet asset risk component
PIN A8.7 Off-balance sheet liability risk component
PIN A8.8 Concentration risk component
PIN A8.9 Size factor component
PIN A8.10 Long-term insurance risk component
PIN A8.11 Asset management risk component
PIN App9 Calculation of DIFC Business Risk Capital Requirement
PIN A9.1 Purpose and general provisions
PIN A9.2 DIFC business risk capital requirement
PIN A9.3 DIFC underwriting risk component
PIN A9.4 DIFC reserving risk component
PIN A9.5 DIFC long-term insurance risk component
PIN App10 Reporting to the DFSA
PIN A10.1 Purpose and general provisions
PIN A10.2 Completion of forms for global, cell, fund and DIFC business reporting units
PIN A10.3 Content of returns
PIN A10.4 General provisions relating to the completion of forms
PIN A10.5 Statement by directors