In calculating the
(a) no account must be taken of
Contracts of Insurance effected by the Insurer, other than through an establishment in the DIFC; and
(b) no account must be taken of contracts of reinsurance entered into by the
Insurer as cedant, regardless of where those contracts of reinsurance were entered into.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]