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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Prudential — Insurance Business Module (PIN) [VER15/01-18]
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  • PIN A5.1 Purpose and general provisions

    • PIN A5.1.1

      This appendix applies to all InsurersG to which PIN section 4.4 applies.

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

      • PIN A5.1.1 Guidance

        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]