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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
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  • PIN A8.5 Investment volatility risk component

    • PIN A8.5 Guidance

      The purpose of the investment volatility risk component is to require an InsurerG to set aside capital to cover the risk of deterioration in the values of Invested AssetsG . The basic calculation model for this component, as it applies to InsurersG that are not Protected Cell CompaniesG , is set out in PIN section A4.5. The provisions in this section apply the relevant provisions of PIN section A4.5 to each Long-Term Insurance FundG that an InsurerG maintains.

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

    • PIN A8.5.1

      An InsurerG must calculate the investment volatility risk component in respect of a Long-Term Insurance FundG as the sum of the amounts obtained by multiplying the value of each Invested AssetG attributable to the fund with the relevant percentage, in accordance with the table set out in PIN Rule A4.5.1, but subject to the provisions of PIN Rule A4.5.2.

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