PIN A8.4.1

An Insurer must calculate the default risk component in respect of a Long-Term Insurance Fund as the sum of the amounts obtained by multiplying the value of each asset attributed to the fund with the relevant percentage, in accordance with the following tables and subject to the provisions of Rules A8.4.2 and A8.4.3:

(a) assets that are Invested Assets: the table set out in Rule A4.4.1(a); and
(b) assets that are not Invested Assets: the table set out in Rule A4.4.1(b).