Entire Section

  • PIN A7.2 PIN A7.2 Adjusted fund capital resources

    • PIN A7.2.1

      An Insurer must calculate the Adjusted Fund Capital Resources in respect of each Long-Term Insurance Fund maintained by it, according to the formula:

      AFCR = AFE – FHCA

      where:

      AFCR means the Adjusted Fund Capital Resources in respect of the fund;
      AFE means the adjusted fund equity in respect of that fund; and
      FHCA means the fund hybrid capital adjustment in respect of that fund.


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

    • PIN A7.2.2

      Adjusted fund equity is calculated as set out in PIN section A7.4. The fund hybrid capital adjustment is set out in PIN section A7.5.


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