PINS 5.2.4 Insurer deemed to constitute long term insurance fund to be treated as though it had established such fund

An insurer that is deemed, in accordance with rule 5.2.1 (b), to constitute a single long term insurance fund shall be treated for all purposes relating to these rules as though the insurer had established a long term insurance fund to which all of the assets and liabilities of the insurer are attributed.

Editorial changes (as from 1 January 2015).