The DFSA Rulebook Prudential – Insurance Business Module (PIN)

This is a consolidated version of the PIN module. It is meant purely as a documentation tool and has no legal effect. The authentic versions of the relevant rulemaking instruments are those published on the DFSA website.

Prudential – Insurance Business Module

(PIN)

The contents of this module are divided into the following chapters, sections and appendices:

A2.8 Claims management risk...58 A2.9 Product design and pricing risk...59 A2.10 Liquidity management risk...60 A2.11 Credit quality risk...61 A2.12 Business continuity planning risk...61 A2.13 Outsourcing risk...62 A2.14 Reinsurance risk...63 A2.15 Group risk...65

App3 CALCULATION OF ADJUSTED CAPITAL RESOURCES ... 66

A3.1 Purpose and general provisions ...66 A3.2 Adjusted capital resources ...66 A3.3 Base capital...66 A3.4 Adjusted equity...67 A3.5 Hybrid capital adjustment ...68

App4 CALCULATION OF MINIMUM CAPITAL REQUIREMENT ... 70

A4.1 Purpose and general provisions ...70 A4.2 Minimum capital requirement...70 A4.3 Applicability of components to assets of the insurer ...72 A4.4 Default risk component...72 A4.5 Investment volatility risk component ...75 A4.6 Off-balance sheet asset risk component...