PIN A5.6.1

An Insurer must calculate the Adjusted Cellular Capital Resources in respect of a Cell according to the formula:

ACCR = ACE +CCA − HCCA

where, in respect of that Cell:

ACCR means the Adjusted Cellular Capital Resources;

ACE means the adjusted cellular equity

CCA means the non-cellular capital adjustment; and

HCCA means the hybrid cellular capital adjustment.