All branches of foreign insurance companies shall calculate and disclose the value of the net assets of the Parent Company available to meet risk exposures in the State according to the following:

(a) The paid-up capital at the Parent Company's level shall be calculated by the result of multiplying the number of the exported and paid shares by the nominal value of the share.

(b) The additional paid-up capital at the Parent Company's level shall be calculated by the total amounts paid to the company for the exported shares, minus the nominal value of these shares.

(c) The net book value of assets at the Parent Company's level shall be calculated by deducting the liabilities from the assets, with the exception of:

1. The capital at the Parent Company's level.

2. The additional paid-up capital at the Parent Company's level.

3. Intangible assets at the Parent Company's level.

4. All reserves allocated for other purposes at the Parent Company's level except for reserves allocated to the State.

5. Guarantees or capital at the Parent Company's level allocated for financial solvency in other countries other than the United Arab Emirates.

6. Any other financial obligations at the Parent Company's level not allocated to meet the financial solvency requirements in the State.