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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Prudential — Insurance Business Module (PIN) [VER15/01-18]
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PIN 9.1.4



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.

In this chapter:

(a) an InsurerG in run-off means an InsurerG that has ceased to effect Contracts of InsuranceG in respect of the whole of its Insurance BusinessG (or, in the case of an InsurerG that is not a DIFC Incorporated InsurerG , the whole of its Insurance BusinessG carried on through an establishment in the DIFCG ), and a CellG in run-off and a Long-Term Insurance FundG in run-off are construed accordingly; and
(b) going into run-off or placing Insurance BusinessG into run-off means ceasing to effect Contracts of InsuranceG , and placing a CellG or a Long-Term Insurance FundG into run-off are construed accordingly.

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]