Statutory Statements; Examinations. (a) The Company has delivered or made available to Parent true and complete copies of all annual, quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications filed with or submitted to the appropriate Insurance Regulator of each jurisdiction in which it is licensed or authorized to conduct insurance business or otherwise eligible or accredited with respect to the conduct of the business of reinsurance since January 1, 2011 (collectively, the “Company Statutory Statements”). The financial statements included in such Company Statutory Statements were prepared in conformity with Applicable SAP, applied on a consistent basis during the periods involved, and fairly present in all material respects the statutory financial position of the relevant Company Insurance Subsidiary as of the respective dates thereof and the results of operations and changes in capital and surplus (or stockholders’ equity, as applicable) of such Company Insurance Subsidiary for the respective periods then ended. Such Company Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing by any Insurance Regulator with respect to any of such Company Statutory Statements that has not been cured or otherwise resolved to the satisfaction of such Insurance Regulator.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Tower Group International, Ltd.)
Statutory Statements; Examinations. (a) The Company Symetra has delivered or made available to Parent true Sumitomo accurate and complete copies of all annual, annual and quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications filed or submitted by each Symetra Insurance Subsidiary with or submitted to the appropriate Insurance Regulator Governmental Authority of each the jurisdiction in which it such Symetra Insurance Subsidiary is licensed or authorized to conduct insurance business or otherwise eligible or accredited with respect to domiciled since the conduct later of the business of reinsurance since January 1, 2011 2012 and the date such Symetra Insurance Subsidiary became a Subsidiary of Symetra (collectively, the “Company Symetra Statutory Statements”). The financial statements included in such Company the Symetra Statutory Statements were prepared in conformity with Applicable SAPSAP in effect as of the date of the respective Symetra Statutory Statements, applied on a consistent basis during the periods involved, and fairly present in all material respects the statutory financial position of the relevant Company Symetra Insurance Subsidiary as of the respective dates thereof and the results of operations and changes in capital and surplus (or stockholders’ equity, as applicable) of such Company Symetra Insurance Subsidiary for the respective periods then ended, subject, in the case of any unaudited interim financial statements, to normal and recurring year-end adjustments. Such Company The Symetra Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing by any Insurance Regulator Governmental Authority with respect to any of such Company the Symetra Statutory Statements that has not been cured or otherwise resolved to the satisfaction of such Insurance RegulatorGovernmental Authority.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Symetra Financial CORP)
Statutory Statements; Examinations. (a) The Company Protective has delivered or made available to Parent true Dai-ichi accurate and complete copies of all annual, annual and quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications filed or submitted by each Protective Insurance Subsidiary with or submitted to the appropriate Insurance Regulator Governmental Authority of each the jurisdiction in which it such Protective Insurance Subsidiary is licensed or authorized to conduct insurance business or otherwise eligible or accredited with respect to domiciled since the conduct later of the business of reinsurance since January 1, 2011 and the date such Protective Insurance Subsidiary became a Subsidiary of Protective (collectively, the “Company Protective Statutory Statements”). The financial statements included in such Company the Protective Statutory Statements were prepared in conformity with Applicable SAPSAP in effect as of the date of the respective Protective Statutory Statements, applied on a consistent basis during the periods involved, and fairly present in all material respects the statutory financial position of the relevant Company Protective Insurance Subsidiary as of the respective dates thereof and the results of operations and changes in capital and surplus (or stockholders’ equity, as applicable) of such Company Protective Insurance Subsidiary for the respective periods then ended. Such Company The Protective Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing by any Insurance Regulator Governmental Authority with respect to any of such Company the Protective Statutory Statements that has not been cured or otherwise resolved to the satisfaction of such Insurance RegulatorGovernmental Authority.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Protective Life Corp)
Statutory Statements; Examinations. (a) The Company Protective has delivered or made available to Parent true Dai-ichi accurate and complete copies of all annual, annual and quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications filed or submitted by each Protective Insurance Subsidiary with or submitted to the appropriate Insurance Regulator Governmental Authority of each the jurisdiction in which it such Protective Insurance Subsidiary is licensed or authorized to conduct insurance business or otherwise eligible or accredited with respect to domiciled since the conduct later of the business of reinsurance since January 1, 2011 and the date such Protective Insurance Subsidiary became a Subsidiary of Protective (collectively, the “Company "Protective Statutory Statements”"). The financial statements included in such Company the Protective Statutory Statements were prepared in conformity with Applicable SAPSAP in effect as of the date of the respective Protective Statutory Statements, applied on a consistent basis during the periods involved, and fairly present in all material respects the statutory financial position of the relevant Company Protective Insurance Subsidiary as of the respective dates thereof and the results of operations and changes in capital and surplus (or stockholders’ equity, as applicable) of such Company Protective Insurance Subsidiary for the respective periods then ended. Such Company The Protective Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing by any Insurance Regulator Governmental Authority with respect to any of such Company the Protective Statutory Statements that has not been cured or otherwise resolved to the satisfaction of such Insurance RegulatorGovernmental Authority.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Protective Life Corp)
Statutory Statements; Examinations. (a) The Company Each Insurance Subsidiary has delivered filed or made available to Parent true submitted, since the later of January 1, 2018 and complete copies the date such Insurance Subsidiary became a Subsidiary of the Company, all annual, annual and quarterly and other periodic statements, together with all exhibits, interrogatories, notes, schedules and actuarial opinions, affirmations or certifications (collectively, the “Statutory Statements”) required to be filed with or submitted to the appropriate Insurance Regulator Governmental Authority of each the jurisdiction in which it such Insurance Subsidiary is licensed domiciled on forms prescribed or authorized permitted by such Governmental Authority. The Company has made available to conduct insurance business or otherwise eligible or accredited with respect to the conduct Parent accurate and complete copies of the business of reinsurance since January 1, 2011 (collectively, the “Company all Statutory Statements”). The financial statements included in such Company the Statutory Statements were prepared in conformity with Applicable SAPSAP in effect as of the date of the respective Statutory Statements, applied on a consistent basis during the periods involved, and fairly present in all material respects in accordance with Applicable SAP the statutory financial position of the relevant Company Insurance Subsidiary as of the respective dates thereof and the results of operations operations, cash flows, and changes in capital and surplus (or stockholders’ equity, as applicable) of such Company Insurance Subsidiary for the respective periods then ended. Such Company The Statutory Statements complied in all material respects with all applicable Insurance Laws when filed or submitted and no material violation or deficiency has been asserted in writing by any Insurance Regulator Governmental Authority with respect to any of such Company the Statutory Statements that has not been cured or otherwise resolved, or that is not in the process of being cured or otherwise resolved to the satisfaction of such Insurance RegulatorGovernmental Authority.
Appears in 1 contract