PIN 4.6.3

The assets available to an Insurer for the purposes of Rule 4.6.2 may comprise any combination of the following types of assets:

(a) Cash at bank and in hand and deposits held with any Credit Institution;
(b) bonds Rated 'BBB' or better;
(c) equities listed on an Approved Stock Exchange;
(d) reinsurance recoverable in respect of General Insurance Liabilities referred to in Rule 4.6.2(b), where the reinsurer is Rated 'BBB' or better.