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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 A5.4.1

    An InsurerG must calculate its adjusted non-cellular equity by adding items to and deducting them from its base non-cellular capital, as set out in this section.

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

    • PIN A5.4.1 Guidance

      1. The purpose of these adjustments is to provide a consistent basis for the determination of the Insurer'sG Adjusted Non-Cellular Capital ResourcesG and to exclude from those resources assets that may not be readily realisable for the purposes of meeting any Non-Cellular LiabilitiesG of the InsurerG .
      2. A Takaful InsurerG may not count as non-cellular capital amounts loaned to Insurance FundsG that are attributable to CellsG , as those amounts will be counted towards base cellular capital of the CellsG concerned.

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