PIN A4.9.2

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.

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