Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Sovereign credit ratings set property and infrastructure investment exposure limits, with rating categories determining buffers and maximum allocations. Sovereign credit rating-based limits govern IIO exposure to immovable property and infrastructure assets. SCR-RC 1 allows 100 per cent exposure without a ... Summary
Referred In :
International Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Sovereign credit ratings set property and infrastructure investment exposure limits, with rating categories determining buffers and maximum allocations.
Sovereign credit rating-based limits govern IIO exposure to immovable property and infrastructure assets. SCR-RC 1 allows 100 per cent exposure without a buffer; SCR-RC 2 and 3 allow 50 per cent with a 10 per cent buffer; SCR-RC 4, 5 and 6 allow 30 per cent with a 5 per cent buffer; and SCR-RC 7 and lower within investment grade allow 10 per cent without a buffer.
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