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PIN 6.2.4

Where an Insurer includes in its Annual Regulatory Return a value for General Insurance Liabilities or for assets associated with those liabilities which is inconsistent with the amount referred to in PIN Rule 7.2.4 (b), the Insurer must notify the DFSA in writing of:

(a) the reasons for not including in its Annual Regulatory Return the value of General Insurance Liabilities or of associated assets as reported by the Actuary; and
(b) details of the alternative assumptions and methodologies used for determining the value of General Insurance Liabilities or of associated assets.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]