CAPI 5.1.7 Risk-based minimum solvency requirement

(1) The risk-based minimum solvency requirement for a cell is that the amount of the cell's net cellular assets must be greater than the liabilities attributable to the cell by at least the greater of—
(a) the cell's premium risk component; and
(b) its outstanding claims risk component.
(2) In this rule:

net cellular assets, of a cell, are the assets attributable to the cell (other than any deductible assets) less the liabilities attributable to the cell.

deductible assets of a cell means—
(a) investments in subsidiaries and associates; and
(b) intangible assets; and
(c) inadmissible assets; and
(d) any other asset that the Regulatory Authority has directed the firm to include under rule 3.1.2 (2) (b).
Amended by QFCRA RM/2015-1 (as from 1st July 2015).