PIN A5.4.1 PIN A5.4.1
Insurermust calculate its adjusted non-cellular equity by adding items to and deducting them from its base non-cellular capital, as set out in this section.Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
PIN A5.4.1 Guidance1. The purpose of these adjustments is to provide a consistent basis for the determination of the
Insurer's Adjusted Non-Cellular Capital Resourcesand to exclude from those resources assets that may not be readily realisable for the purposes of meeting any Non-Cellular Liabilitiesof the Insurer.2. A Takaful Insurermay not count as non-cellular capital amounts loaned to Insurance Fundsthat are attributable to Cells, as those amounts will be counted towards base cellular capital of the Cellsconcerned.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]