CAPI 5.1.8 What is a cell's premium risk component?

The premium risk component for a cell carrying out contracts of insurance as a class 1, class 2, class 3 or class 4 captive insurer is the amount calculated in accordance with the following formula:

[20% × cell's net written premium up to QR18 million]

+

[15% × cell's net written premium in excess of QR18 million]

Amended by QFCRA RM/2015-1 (as from 1st July 2015).