Home   Browse contents   View updates   Search  
     Quick search

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Prudential — Insurance Business Module (PIN) [VER15/01-18]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

BackText onlyPrint

You need the Flash plugin.

Download Macromedia Flash Player

  • PIN A8.10 Long-term insurance risk component

    • PIN A8.10 Guidance

      The purpose of the Long-Term InsuranceG risk component is to require an InsurerG to set aside capital to address the risk that the net present value of future Policy BenefitsG will vary from the amounts recorded as Long-Term Insurance LiabilitiesG in the Insurer'sG balance sheet. The provisions in this section apply the relevant provisions of PIN section A4.12 to each Long-Term Insurance FundG that an InsurerG maintains.

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

    • PIN A8.10.1

      An InsurerG must calculate the Long-Term InsuranceG risk component in respect of a Long-Term Insurance FundG according to the method set out in PIN section A4.12, applied as though all references in that section to an InsurerG were instead references to that fund.

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