• PINS Part 5.3 PINS Part 5.3 Attribution of contracts to a long term insurance fund

    Editorial changes (as from 1 January 2015).

    • PINS 5.3.1 Business to be attributed to long term insurance funds

      An insurer must attribute all long term insurance business that it conducts to a long term insurance fund.

      Amended by QFCRA RM/2015-3 (as from 1st January 2016).

    • PINS 5.3.2 Attribution of general insurance contracts

      (1) Except as allowed for in (2), an insurer may not attribute general insurance contracts to a long term insurance fund.
      (2) An insurer may attribute contracts of insurance in PINS category 1 to a long term insurance fund.
      Amended by QFCRA RM/2015-3 (as from 1st January 2016).