- 4.1. Perpetual qualifying hybrid capital instruments
- 3.2. Undistributable Reserves
- 1.1. Calculation of the PCR
- 2.1. Risk-Based Capital Requirement
- 2.2. Investment Risk Requirement
- 2.3. Insurance Risk Requirement
- 2.4. Operational Risk Requirement
- 3.2. Using different credit rating agencies
- 7.4. Certain contracts not included
- 7.3. AIFC-Incorporated Insurer may apply for different percentages
- 8.3. AIFC-Incorporated Insurer may apply for different percentages
- 8.2. Outstanding Claims Risk Component
- 8.4. Certain contracts not included
- 9.2. Long-Term Insurance Risk Component
- 9.3 Capital at risk
- 1.1.5. Key Definitions
- 1.1.3. Key Definitions
- 1.5.3. Obligation to conduct Own Risk and Solvency Assessment
- 1.5.4. Obligation to maintain Eligible Capital
- 1.5.7. Obligations in respect of Assets and Liabilities
- 5.2.2. Obligation to calculate MCR
- 4.1.1. Obligation to conduct an Own Risk and Solvency Assessment
- 4.1.2. ORSA – requirements
- 4.2.1. ORSA Report - requirements
- 5.2.3. Obligation to calculate PCR
- 4.2.2. ORSA Report – approval by the Governing Body
- 5.1.1. Application
- 5.2.1. Obligation to calculate Eligible Capital
- 5.3.1. Approval by AFSA
- 5.3.2. Criteria for approving use of internal models
- 5.3.3. Statistical quality test
- 5.3.4. Calibration test
- 5.3.5. Use test
- 5.3.6. Documentation
- 5.3.7. Ongoing validation and supervisory approval of the internal model
- 5.4.1. Obligation to maintain Eligible Capital at or above MCR
- 5.4.4. Non-Compliance with the MCR
- 5.4.2. Obligation to maintain Eligible Capital at or above PCR
- 5.4.3. Non-Compliance with the PCR
- 3.1. Permanent Share Capital
- 1.1. Application
- 2.1. Calculating Eligible Capital
- 5.4.5. Other regulatory actions not precluded
- 5.4.6. Contents of recovery plans and finance schemes
- 5.4.7. Eligible Capital below the level of the Capital Floor
- 5.5.1. Tier 1 Capital not to be reduced without approval
- 5.5.2. Capital plan to be provided
- 5.5.3. Notice to be given of proposed reduction of Tier 2 Capital
- 5.6.1. Dividends and distributions to be reported
- 10.1.6. Certain transactions to be inquired into by Insurer’s Governing Body
- 11.1.1. Application
- 11.1.2. AIFC Insurance Business Transfer Scheme - definition
- 11.2.2. Application for a Sanction Order
- 12.1.1. Application
- 11.3.2. The Scheme Report
- 12.5.1. Insurer in run-off not to make distributions
- 4.2. Subordinated debt
- 4.3. Legal opinions on Tier 2 Capital instruments
- 4.4. Other Tier 2 Capital instruments
- 5.1. Investments in subsidiaries and associates
- 1.3. The MCR for Long-term Insurance Business
- 5.2. Connected lending of a capital nature
- 5.3. Inadmissible assets
- 1.1. The Capital Floor
- 1.2. The MCR for General Insurance Business
- 4.1. Asset Risk Component
- 4.2. Effect of guarantee or collateral
- 4.3. Assets subject to mortgage or charge
- 4.4. Excluded assets
- 5.1. When Off-Balance Sheet Asset Risk Component must be calculated
- 5.2. How to calculate Off-Balance Sheet Asset Risk Component
- 7.2. Premium Risk Component
- 6.1. How to calculate Off-Balance Sheet Liability Risk Component
- 10.2. Insurance Concentration Risk Component
- 10.3. Maximum event retention
- Associated Party
- Capital Floor
- Eligible Capital
- Investment Risk Requirement