Witrynapromulgated by the NAIC that are in effect on December 31, 2024 2024, or any later version promulgated by the NAIC as may be adopted by the ... and amendments thereto. (k) "RBC level" means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC or mandatory control level RBC where: (1) … Witryna(2) Authorized control level--The result determined under the RBC formula in accordance with the RBC instructions. (3) NAIC--National Association of Insurance Commissioners. (4) RBC--Risk-based capital. (5) RBC formula--NAIC risk-based …
2024 Idaho Code 41-5401 – Definitions » LawServer
Witryna16 sie 1997 · G. "RBC instructions" means the RBC Report including risk-based capital instructions adopted by the NAIC, as such RBC Instructions may be amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC or as … Witryna29 wrz 2015 · As used in sections 3903.81 to 3903.93 of the Revised Code: (A) "Adjusted RBC report" means an RBC report that has been adjusted by the superintendent of insurance in accordance with division (C) of section 3903.82 of the Revised Code. (B) … cleanshot x 3.1 破解版
Statute Kansas State Legislature
Witrynaregulatory statutes for the insurance industry. The OIC is a member of the NAIC. Risk-Based Capital. Every domestic health carrier must annually file a Risk-Based Capital (RBC) report with the OIC, the NAIC, and with the insurance agency of any state where the insurance carrier is authorized to do business. Witryna(c) "Mandatory control level RBC" means the product of .70 and the authorized control level RBC; (d) "Regulatory action level RBC" means the product of 1.5 and its authorized control level RBC. (14) "RBC plan" means a comprehensive financial plan containing the elements specified in section 41-5403 (2), Idaho Code. Witryna17 gru 2024 · Conversely, U.S. reinsurers that maintain capital and surplus equivalent to 226 million euros with a risk-based capital (RBC) of 300% of authorized control level would not be required to maintain ... cleanshot x 3.6.1 for mac full download