Related provisions for INSPRU 1.5.37

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INSPRU 3.1.7GRP
INSPRU 3.1 addresses the impact of market risk on insurance business in the ways set out below:(1) Any firm that carries on long-term insurance business is required8 to hold capital to cover market risk. INSPRU 3.1.26R makes particular provision for assets invested outside the UK.82(2) Firms carrying on long-term insurance business that have property-linked liabilities or index-linked liabilities must cover these liabilities by holding appropriate assets. INSPRU 3.1.57R and INSPRU
INSPRU 3.1.57RRP
A firm must cover its property-linked liabilities with:(1) (as closely as possible) the assets to which those liabilities are linked; or(2) a property-linked reinsurance contract; or(3) a combination of (1) and (2).