PIN A4.7.2
An Insurer must calculate its off-balance sheet liability risk component as the sum of the amounts obtained by applying the calculations set out in Rule A4.7.3 in respect of each guarantee, letter of credit or other credit substitute.
An Insurer must calculate its off-balance sheet liability risk component as the sum of the amounts obtained by applying the calculations set out in Rule A4.7.3 in respect of each guarantee, letter of credit or other credit substitute.