mandatory control level RBC. ’ means the product of .70 and the authorized control level RBC.
mandatory control level RBC means the product of .70
mandatory control level RBC means the product of .70 and the
Examples of mandatory control level RBC in a sentence
If capital is less than the mandatory control level RBC, which is 70 percent of its authorized control level RBC, the insurance commissioner is required to seize the company.IV.
More Definitions of mandatory control level RBC
mandatory control level RBC means the product of .70 and an insurer's authorized control level RBC.
mandatory control level RBC means the product of seven-tenths and the authorized
mandatory control level RBC means the product of .70 and the au- thorized control level RBC;
mandatory control level RBC means the product of seven-tenths
mandatory control level RBC means the product
mandatory control level RBC means the product of .70 (70%) and the CCO's authorized control level RBC.¶ (6) "RBC Instructions" means the RBC Report form and including risk-based capital instructions adopted by the NAIC, as such form and instructions may be amended by the NAIC from time to time.¶
mandatory control level RBC means the product of .70 (70%) and the MCE’s authorized control