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

PIN A5.1.1 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.

1. This appendix sets out the manner in which an InsurerG that is a Protected Cell CompanyG is required to calculate its Adjusted Non-Cellular Capital ResourcesG and the Adjusted Cellular Capital ResourcesG applicable to each CellG . The calculation is in each case analogous to that applicable to InsurersG that are not Protected Cell CompaniesG , so that (except where changes are necessary to reflect structural differences) the capital of each CellG , and of the non-cellular portion of the InsurerG , is determined as though it was an InsurerG subject to PIN App3.
2. The Adjusted Non-Cellular Capital ResourcesG and Adjusted Cellular Capital ResourcesG are calculated by making adjustments to the non-cellular equity of the InsurerG or cellular equity of the CellG , as at the Solvency Reference DateG .
3. Provisions in respect of adjusted non-cellular capital resources are set out in sections PIN A5.2 to PIN A5.5. Provisions in respect of adjusted cellular capital resources are set out in sections PIN A5.6 to PIN A5.10.

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