1. Prescribed capital requirement (PCR)
1.1. Calculation of the PCR
The PCR for an AIFC-Incorporated Insurer is the higher of:
- (a) 150% of the AIFC-Incorporated Insurer’s MCR; and
- (b) the AIFC-Incorporated Insurer’s Risk-Based Capital Requirement.
The PCR for an AIFC-Incorporated Insurer is the higher of: