Entire Section

  • PIN 1 PIN 1 Application

    • PIN 1.1 PIN 1.1 Application

      • PIN 1.1.1 PIN 1.1.1

        Subject to Rule 1.1.2, this module (PIN) applies to every Insurer except to the extent that a provision specifies a narrower application.

        Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
        [Amended] DFSA RM48/2007 (Made 1st October 2007). [VER7/10-07]

        • PIN 1.1.1 Guidance

          1. An Insurer is defined in the GLO as an Authorised Firm which is authorised under its Licence to carry on in or from the DIFC, one or more of the Financial Services constituting Insurance Business.
          2. The Rules in PIN apply in relation to all activities of an Insurer, whether carried on within the DIFC or elsewhere.

          Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
          [Amended] DFSA RM48/2007 (Made 1st October 2007). [VER7/10-07]

      • PIN 1.1.2

        Chapters 2, 3, 4, 6, 7 and 9 do not apply to an Insurer that is an Authorised ISPV, unless expressly provided otherwise.

        [Added] DFSA RM48/2007 (Made 1st October 2007). [VER7/10-07]