• CIB 6.1 CIB 6.1 General provisions

    • CIB 6.1.1

      Subject to Rules 6.1.2, 6.1.3, and 6.1.4, a Captive Insurer must value its assets and liabilities in accordance with this Chapter.

    • CIB 6.1.2

      A Captive Insurer may value an asset at less than the value measured in accordance with this Chapter.

    • CIB 6.1.3

      A Captive Insurer may value a liability at more than the value measured in accordance with this Chapter.

    • CIB 6.1.4

      Notwithstanding any other provision of this Chapter, the Regulator may, by written notice, direct a Captive Insurer to measure an asset or a liability in accordance with principles specified by the Regulator in that written notice.