Mentions of “SURPLUS” — 4 found on pages 4, 5
… support the reasonableness of the charges or fees to the respective parties; and parties. Page 4 of 9 f. The insurer’s surplus as regards policyholders following any dividends or distributions to shareholder affiliates shall be reasonable in re …
Open p.4 ↗… ceed: 1. With respect to nonlife insurers, the lesser of 3 percent of the insurer’s admitted assets or 25 percent of surplus as regards policyholders; 2. With respect to life insurers, 3 percent of the insurer’s admitted assets, Each as of D …
Open p.5 ↗… ceed: 1. With respect to nonlife insurers, the lesser of 3 percent of the insurer’s admitted assets or 25 percent of surplus as regards policyholders; 2. With respect to life insurers, 3 percent of the insurer’s admitted assets, as of December …
Open p.5 ↗… ium or a change in the insurer’s liabilities in any of the next 3 years, equals or exceeds 5 percent of the insurer’s surplus as regards policyholders, as of December 31 next preceding, including those agreements which may require as considera …
Open p.5 ↗