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Dubai Financial Services Authority (DFSA): Contents

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Prudential — Insurance Business Module (PIN) [VER15/01-18]
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PIN 9.5.2



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 InsurerG to which this section applies must inform the DFSAG in writing of the existence and principal features of any contract which it enters into in respect of its Insurance BusinessG in run-off, including Insurance BusinessG carried on through a CellG or a Long-Term Insurance FundG that is in run-off, or that is in existence at the time the InsurerG places that Insurance BusinessG into run-off, and that is of any of the following types:

(a) contracts, other than Contracts of InsuranceG effected by the InsurerG prior to going into run-off, with parties that are RelatedG to the InsurerG ;
(b) contracts relating to the management of the Insurance BusinessG in run-off, and any other contracts with the same counterparty or parties RelatedG to that counterparty; or
(c) contracts for reinsurance of the Insurance BusinessG that is in run-off, and any other contracts with the same counterparty or parties RelatedG to that counterparty.

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