Where an Insureris the Parent of a Financial Group, the value of the Insurer's investment in any Subsidiary or Associatethat is an Authorised Firm or a Financial Institution must be taken as the amount of the Insurer's proportionate share of that Subsidiary or Associate'sCapital Resources or Adjusted Capital Resources determined in accordance with
[PIN Rule 8.3.4](1)(b), reduced by the Insurer's proportionate share of the Subsidiary or Associate'sCapital Requirement determined in accordance with [PIN Rule 8.3.3](2).
Derived from DFSA RM06/2004
(Made 16th September 2004). [VER1/09-04]
(Made 5th July 2007). [VER6/07-07]