PIN 2.3.7

For the purposes of PIN Rule 2.3.6, an Insurer may:

(a) take into account:
(i) its position within the Group,
(ii) the materiality of the risk to which it is exposed because of its membership of the Group, and
(iii) the access that it has to the systems and controls of other members of its Group and any information produced by them or by Associates; and
(b) consider together Groups whose Holding Companies are all members of the same Group, except for any Group of which the Insurer is the Holding Company.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Deleted] RM46/2007 (Made 5th July 2007). [VER6/07-07]