CAPI 5.1.2 General requirement
A QFC captive insurer that is a protected cell company must at all times hold non-cellular eligible capital of at least—
(a) QR180,000; or
(b) if the cells have recourse to non-cellular assets under 1 or more recourse agreements—a higher amount determined by the Regulatory Authority.
|Amended by QFCRA RM/2015-1 (as from 1st July 2015).|