Unified UAE Legislation Database
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Prudential – Insurance Business Rulebook (PIN) (VER07.290725)

Status

In force

Issuing Authority

ADGM

Effective date

XX.XX.XXXX

Official Link

https://
TABLE OF CONTENTS

The contents of this Rulebook are divided into the following Chapters, Rules and appendices:

1APPLICATION1
1.1Application1
6FINANCIAL AND OTHER REPORTING BY INSURERS26
6.1Introduction26

A2.6 Investment risk...60 A2.7 Underwriting risk ...63 A2.8 Claims management risk ...64 A2.9 Product design and pricing risk ...65 A2.10 Liquidity management risk ...67 A2.11 Credit quality risk ...67 A2.12 Business continuity planning risk ...68 A2.13 Outsourcing risk...69 A2.14 Reinsurance risk...71 A2.15 Group risk ...73 APP3 CALCULATION OF ADJUSTED CAPITAL RESOURCES ...75 A3.1 Purpose and general provisions ...75 A3.2 Adjusted Capital Resources...75 A3.3 Base capital ...75 A3.4 Adjusted equity ...76 A3.5 Hybrid capital adjustment ...77 APP4 CALCULATION OF MINIMUM CAPITAL REQUIREMENT ...79 A4.1 Purpose and general provisions ...79 A4.2 Minimum Capital Requirement ...79 A4.3 Applicability of components to assets of the Insurer ...80 A4.4 Default risk component ...80 A4.5 Investment volatility risk component...82 A4.6 Off-balance ...