PIN A4.11.2

Where an Insurer underwrites Contracts of Insurance in Class 1 or Class 2, and those contracts constitute Long-Term Insurance contracts, the Insurer must not calculate a reserving risk component in respect of those contracts but must instead calculate a Long-Term Insurance risk component as set out in PIN section A4.12.

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