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PIN A8.9.2

An Insurer must calculate the size factor component in respect of Long-Term Insurance Fund by multiplying the base figure for that fund as determined in accordance with PIN Rule A8.9.1 by the factor derived by applying the following formula, where x represents the total Invested Assets attributable to that fund, 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; and
(d) if x > 1,200, the factor is zero.

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