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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]
PIN App1 Guide to the Appendices
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

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  • PIN App1 Guide to the Appendices

    • PIN A1.1 Guide to the appendices

      • PIN A1.1 Guidance

        1. In PING , appendices have been used to present detailed material which would otherwise break up the flow of the main text.
        2. PIN App2 presents detailed GuidanceG on systems and controls issues particularly relevant to InsurersG .
        3. The remaining appendices are all concerned with capital adequacy calculations and reporting.
        4. A fundamental requirement of PIN chapter 4 of the RulesG is that an Insurer'sG capital resources should be at least equal to its capital requirement.
        5. PIN App3 contains the RulesG for the calculation of an Insurer'sG capital resources, for a normally structured InsurerG . PIN App5 and PIN App7 contain the corresponding rules for a Protected Cell CompanyG and a segregated Long-Term Insurance FundG respectively.
        6. PIN App4 contains the RulesG for the calculation of an Insurer'sG capital requirement, for a normally structured InsurerG . PIN App6 and PIN App8 contain the corresponding rules for a Protected Cell CompanyG and a segregated Long-Term Insurance FundG respectively. They make frequent reference to PIN App4.
        7. PIN App9 contains the rules for the calculation of the DIFC Business Risk Capital RequirementG referred to in PIN Rule 4.7.2(d). It is only applicable to InsurersG incorporated outside the DIFCG .
        8. PRU and PIN App10 contain financial reporting forms, and specifies how they must be completed.

        Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
        [Amended][VER3/08-06]
        [Amended] DFSA RM44/2007 (Made 1 June 2007). [VER5/06-07]