PINS A3.8.3 Insurer may apply for different percentages

(1) The Regulatory Authority may, by written notice, allow the insurer to use percentages other than those in table A3.8.2 if the authority is satisfied that:
(a) adequate mortality and morbidity information exists in respect of that business; and
(b) the information provides a reasonable basis for reliance on actuarial principles.
(2) The percentages that may be used must be those stated in the notice but may not be lower than 8%.
Amended by QFCRA RM/2013-1 (as from 1st January 2015).