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PIN A4.10.1

Subject to the other provisions of this section, an Insurer must calculate its underwriting risk component as the sum of the amounts obtained by multiplying the Insurer's base premium, for each Class of Business, by the percentage factors set out in the following table.

Class of Business Percentage factor
  Direct insurance Proportional reinsurance Non-proportional and facultative reinsurance
(a) Classes 1 and 2 18 18 27
(b) Class 3 12 12 18
(c) Class 4 17 17 26
(d) Class 5 19 19 30
(e) Class 6 27 27 29
(f) Classes 7(a) and 7(b) 90 90 140
(g) Class 8 18 18 27

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