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PIN A4.10.7

In PIN Rule A4.10.6, the reference period means the reporting period ending next before the Solvency Reference Date, except where the Insurer's forecast Net Written Premium, according to its business plan, for the reporting period next after that reporting period, is higher, in which case the reference period will be the second of the two reporting periods and the Net Written Premium and Gross Written Premium used for the purposes of PIN Rule A4.10.6 must be the forecast Net Written Premium and Gross Written Premium for that second reporting period.


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