PIN A4.2.3

An Insurer's Minimum Capital Requirement must always be equal to or higher than:

(a) in the case of a Class 1 Captive Insurer, $ 150,000;
(b) in the case of a Class 2 Captive Insurer, $ 500,000 or if a higher amount is specified under PIN Rule A4.2.4, that amount;
(c) in the case of a Class 3 Captive Insurer, $ 1,000,000; and
(d) in the case of all other Insurers, $ 10,000,000.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] RM46/2007 (Made 5th July 2007) [VER6/07-07]
[Amended] DFSA RMI296/2021 (Made 24th February 2021). [VER17/04-21]