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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
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Financial Markets Tribunal

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PIN A8.3.2 Guidance

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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 effect of PIN Rule A8.3.2 is to provide flexibility for InsurersG whose investments are managed on a pooled basis within a GroupG , or which establish specialist SubsidiariesG to manage their investments. While the Insurer'sG asset in such cases is a balance with, or investment in, a RelatedG entity, this rule permits the InsurerG to 'look through' the corporate arrangement and apply this appendix to the assets of the RelatedG entity as though they were the Insurer'sG own. This flexibility extends to Invested AssetsG attributable to Long-Term Insurance FundsG , though this provision does not provide any exemption from PIN section 3.4 in respect of segregation of assets.

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