‹ PIN A3.2 Adjusted capital resources PIN A3.2.2 › PIN A3.2.1 An Insurer must calculate its Adjusted Capital Resources according to the formula: ACR = AE – HCA where: ACR means the Insurer's Adjusted Capital Resources; AE means the Insurer's adjusted equity; and HCA means the Insurer's hybrid capital adjustment. Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04] ‹ PIN A3.2 Adjusted capital resources PIN A3.2.2 ›