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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

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PIN A4.11 Guidance

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.

The purpose of the reserving risk component of the Minimum Capital RequirementG is to require an InsurerG to set aside capital to address the risk that the cost of claims in respect of General Insurance BusinessG will vary from the amounts recorded as liabilities in the Insurer'sG balance sheet. This calculation applies only to liabilities in respect of outstanding claims (the risk of deterioration in Premium LiabilityG is addressed in the underwriting risk component in PIN section A4.10). The principles of the calculation are similar to those in PIN section A4.10.

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