Insurance Regulatory Authority definition

Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.
Insurance Regulatory Authority means, for the Borrower or any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in the state in which the Borrower or such Insurance Subsidiary is domiciled.
Insurance Regulatory Authority means, when used with respect to any Insurance Subsidiary, (x) the insurance department or similar administrative authority or agency located in each state or jurisdiction (foreign or domestic) in which such Insurance Subsidiary is domiciled or (y) to the extent asserting or having regulatory jurisdiction over such Insurance Subsidiary, the insurance department, authority or agency in each state or jurisdiction (foreign or domestic) in which such Insurance Subsidiary is licensed, and shall include any Federal or national insurance regulatory department, authority or agency that may be created and that asserts or has regulatory jurisdiction over such Insurance Subsidiary.

Examples of Insurance Regulatory Authority in a sentence

  • The Credit Parties, Subsidiaries and other Regulated Entities shall maintain a program of reinsurance at least equal to that: (a) required by the applicable Insurance Regulatory Authority of the applicable state of domicile for each such Person; and (b) determined by Demotech, Inc.


More Definitions of Insurance Regulatory Authority

Insurance Regulatory Authority means, with respect to the Account Party, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over the Account Party, in each other jurisdiction in which the Account Party conducts business or is licensed to conduct business.
Insurance Regulatory Authority means the insurance regulatory authority of a Jurisdiction;
Insurance Regulatory Authority means, for any Insurance Subsidiary, the insurance department or similar administrative authority or agency located in the state or other jurisdiction in which such Insurance Subsidiary is domiciled (including “commercially domiciled” as that term is defined under relevant state law), including, for the avoidance of doubt, the Society and Corporation of Lloyd’s.
Insurance Regulatory Authority means, with respect to any Domestic Insurance Subsidiary, the Governmental Authority of such Domestic Insurance Subsidiary's state of domicile with whom such Domestic Insurance Subsidiary is required to file its annual financial statement prepared in accordance with SAP.
Insurance Regulatory Authority means, with respect to any Regulated Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Regulated Subsidiary, in each other jurisdiction in which such Regulated Subsidiary conducts business or is licensed to conduct business.
Insurance Regulatory Authority means, as to any Material Insurance Subsidiary, the insurance department or similar administrative authority or agency located in the state in which such Material Insurance Subsidiary is domiciled.
Insurance Regulatory Authority means with respect to any state or the District of Columbia, the Governmental Authority charged with the regulation and supervision of insurance companies in such state or the District of Columbia.