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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
Sourcebook Modules
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DFSA Codes of Practice
Amendments to Legislation
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Financial Markets Tribunal
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  • PIN A5.5.4

    The DFSA may at its discretion and on the application of an Insurer, permit that Insurer to apply PIN Rule A5.5.3 as though the figure of 15% was replaced with a higher figure approved in writing by the DFSA. The approved figure may not be more than the actual percentage which the hybrid non-cellular capital represents of adjusted non-cellular equity, and may not in any case exceed 30%.


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