Entire Section

  • PIN A4.13 PIN A4.13 Asset management risk component

    • A4.13 Guidance

      This section requires an Insurer to set aside capital in respect of assets that it manages. The circumstances under which an Insurer may conduct asset management activities are restricted by COB.


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

    • PIN A4.13.1

      An Insurer must calculate its asset management risk component as 0.5% of the market value of assets managed by it.


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

    • PIN A4.13.2

      Assets that are recognised as assets of the Insurer in accordance with generally accepted accounting principles are not assets managed by it.


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