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PIN A4.10.4

Where the Insurer's estimated net retention as at the Solvency Reference Date in respect of a property catastrophe exceeds the sum of the amounts calculated in accordance with PIN Rule A4.10.1 in respect of Class 5, before taking account of this Rule, the sum of those amounts must be replaced by the Insurer's estimated net retention in respect of a property catastrophe when calculating the underwriting risk component.


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