Versions

 

PIN 6.2.5

Where an Insurer includes in its Annual Regulatory Return a value for Long-Term Insurance Liabilities which is inconsistent with the amount referred to in PIN Rule 7.3.6 (b), the Insurer must notify the DFSA in writing of:

(a) the reasons for not including in its Annual Regulatory Return the value of Long-Term Insurance Liabilities as reported by the Actuary; and
(b) details of the alternative assumptions and methods used by the Insurer for determining the value of Long-Term Insurance Liabilities.

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