mandatory control level RBC definition

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 0.70 and the

Examples of mandatory control level RBC in a sentence

• The filing of an RBC report which indicates that the insurer's total adjusted capital is less than its mandatory control level RBC.

• The filing of an RBC report by the insurer which indicates that the insurer's total adjusted capital is greater than or equal to its mandatory control level RBC but less than its authorized control level RBC.

• Filing of an RBC report that indicates that the health organization's total adjusted capital is less than its mandatory control level RBC.

• Filing of an RBC report that indicates that the health organization's total adjusted capital is greater than or equal to its mandatory control level RBC but less than its authorized control level RBC.

• The filing of a RBC report which indicates that the insurer's total adjusted capital is less than its mandatory control level RBC.

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