PIN 2.3.7 Guidance

The effect of PIN Rule 2.3.7(b) is that, where an Insurer is a member of two or more Groups that are also sub-Groups of a single Group, the Insurer may consider that Group as a whole for the purposes of this section. An Insurer that is a Holding Company is however still required to give specific consideration to the risks to which it is exposed as Holding Company.

Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Deleted] RM46/2007 (Made 5th July 2007). [VER6/07-07]