BR-1.1.6
Past version: Effective from 01 Jul 2007 to 30 Sep 2007
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For purposes of Paragraph BR-1.1.5, captive insurers are required to submit additional information, as outlined in prescribed Form IFR. This information covers:
(a) Risk Gap — the degree to which the firm's potential liabilities (under the policy limits) exceed available assets and the resources available to meet this gap; and
(b) Reinsurance — the firm's providers, limits and claims.
Amended: January 2007