Solvency margin for reinsurer and captive insurer

Every registered insurer who carries on only reinsurance business or captive insurance business shall– (a) have such surplus of tangible assets or other assets as may be approved by the Supervisor over liabilities as may from time to time be prescribed by regulations; and (b) demonstrate, if required to do so by the Supervisor in writing, to the satisfaction of the Supervisor, its financial stability.