An Insurer must calculate its size factor component by multiplying the base figure determined in accordance with
[PIN Rule A4.9.1] by the factor derived by applying the following formula, where x represents the total Invested Assets expressed in millions of dollars:
(a) If x ≤ 100, the factor is 1.5.
(b) If 100 < x ≤ 200, the factor is (150 + 0.5(x-100))/x.
(c) If 200 < x ≤ 1,200, the factor is (200 - 0.2(x-200))/x.
(d) If x > 1,200, the factor is zero.