Entire Section

  • PIN 4.4 PIN 4.4 Minimum capital requirement for insurers that are protected cell companies

    • PIN 4.4.1

      This section applies only to Insurers that are Protected Cell Companies.


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

    • PIN 4.4.2

      An Insurer that is a Protected Cell Company must ensure that at all times the Insurer has Adjusted Non-Cellular Capital Resources equal to or higher than the amount of the Minimum Non-Cellular Capital Requirement.


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

    • PIN 4.4.3

      An Insurer that is a Protected Cell Company must ensure that at all times, in respect of each of its Cells, the Insurer has Adjusted Cellular Capital Resources equal to or higher than the amount of the Minimum Cellular Capital Requirement in respect of that Cell.


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

    • PIN 4.4.4

      The Adjusted Non-Cellular Capital Resources in respect of an Insurer that is a Protected Cell Company must be calculated in accordance with PIN App5.


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

    • PIN 4.4.5

      The Minimum Non-Cellular Capital Requirement in respect of an Insurer that is a Protected Cell Company must be calculated in accordance with PIN App6.


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

    • PIN 4.4.6

      The Adjusted Cellular Capital Resources in respect of a Cell must be calculated in accordance with PIN App5.


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

    • PIN 4.4.7

      The Minimum Cellular Capital Requirement in respect of a Cell must be calculated in accordance with PIN App6.


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