• PINS Part 3.6 PINS Part 3.6 Insurance risk requirement

    Amended by QFCRA RM/2013-1 and Editorial changes (as from 1st January 2015).

    • PINS 3.6 Guidance [Deleted]

      Deleted by QFCRA RM/2013-1 (as from 1st January 2015).

    • PINS 3.6.1 What is an insurer's insurance risk requirement?

      An insurer's insurance risk requirement is the sum of its:

      (a) premium risk component;
      (b) outstanding claims risk component;
      (c) long-term insurance risk component; and
      (d) insurance concentration risk component.

      Note Schedule 3 sets out the method for calculating each component of the insurance risk requirement.

      Amended by QFCRA RM/2015-1 (as from 1st July 2015)
      Amended by QFCRA RM/2020-6 (as from 15th October 2020).