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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]
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  • PIN A10.2.6

    An InsurerG that is not a DIFC Incorporated InsurerG must complete a DIFC Business ReturnG . A DIFC Business ReturnG has the following characteristics:

    (a) it includes only liabilities that are Insurance LiabilitiesG of the InsurerG in respect of its DIFCG Insurance BusinessG and assets that are associated with those Insurance LiabilitiesG ; and
    (b) revenues and expenses must be included only to the extent that they are attributable to the Insurer'sG DIFC Insurance BusinessG .
    Derived from DFSA RM44/2007 (Made 1st June 2007). [VER5/06-07]

    • PIN A10.2.6 Guidance

      The assets that are associated with Insurance LiabilitiesG normally include only reinsurance and other recoveries in respect of claims, whether or not incurred, included in Insurance LiabilitiesG . The DIFC Business ReturnG does not include assets such as investments, fixed assets, or receivables other than reinsurance recoveries in respect of Insurance LiabilitiesG .

      Derived from DFSA RM44/2007 (Made 1st June 2007). [VER5/06-07]