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    <title>Investments by IIO</title>
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    <description>Each IIO must maintain a Board-approved Investment Policy, value its assets and liabilities, and maintain the prescribed solvency margin. Assets supporting liabilities must be earmarked and invested at not less than the value of liabilities, having regard to their nature, duration, currency and uncertainties. Such assets must remain unencumbered. Investments may be made in specified jurisdictions subject to foreign portfolio investment, home-country and FATF-related conditions. Relocating IIOs must apply the former jurisdiction&#039;s investment framework to premiums sourced there, separately account for and disclose ring-fenced investments, and preserve segregation of investments relating to risks assumed under the applicable registration framework.</description>
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