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PIN A8.6 Guidance

The purpose of the off-balance sheet asset risk component is to require an Insurer to set aside capital to cover the risk of default and deterioration in value in respect of exposures that the Insurer has because it is a party to a derivative contract. The provisions in this section apply the relevant provisions of PIN section A4.6 to each Long-Term Insurance Fund that an Insurer maintains.


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