PINS 1.2.8 PINS categories

(1) For these rules, general insurance business is divided into 4 PINS categories, as follows:
(a) PINS category 1 — general insurance business that falls under general insurance category 1 or 2;
(b) PINS category 2 — general insurance business that falls under general insurance category 3 or 18;
(c) PINS category 3 — general insurance business that falls under general insurance category 4, 5, 6, 7, 8, 9, 16 or 17;
(d) PINS category 4 — general insurance business that falls under general insurance category 10, 11, 12, 13, 14 or 15.
(2) In subrule (1)—

general insurance category means a category of general insurance set out in FSR, Schedule 3, Part 3, paragraph 10.3.
Editorial changes (as from 1 January 2015).