RBC instructions definition

RBC instructions means the RBC report, including risk-based capital instructions adopted by the NAIC, as the RBC instructions may be amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

RBC instructions means the RBC report, including risk-based capital instructions adopted by the

RBC instructions means the risk-based capital instructions promulgated by the NAIC that are in effect on December 31, 2021 2022, or any later version promulgated by the NAIC as may be adopted by the commissioner under K.S.A. 40-2c29, and amendments thereto.

Examples of RBC instructions in a sentence

• For the avoidance of doubt, the terms "Total Adjusted Capital" and "Company Action Level RBC" shall have the meanings ascribed thereto under the insurance laws and regulations of the Domiciliary State, or, if not defined therein, shall have the meanings ascribed thereto in the risk-based capital ("RBC") instructions promulgated by the National Association of Insurance Commissioners ("NAIC").

• The Company's insurance company subsidiaries' RBC levels, as calculated in accordance with the NAIC's RBC instructions, exceeded all RBC thresholds as of September 30, 2014 and December 31, 2013.

• The Company's insurance company subsidiaries' RBC levels, as calculated in accordance with the NAIC's RBC instructions, exceeded all RBC thresholds as of December 31, 2013 and 2012, respectively.

• The quantification of pricing flexibility is to be aligned with a company’s practices for assessing pricing margins on inforce policies and is not prescribed by the RBC instructions.

• However, no NAIC amendment to the RBC instructions shall become effective until the superintendent has adopted by rule the RBC instructions as so amended.

More Definitions of RBC instructions

RBC instructions means the RBC Report including risk-

RBC instructions means the risk-based capital instructions promulgated by the NAIC, which that are in effect on December 31, 2018 2019, or any later version promulgated by the NAIC as may be adopted by the commissioner under K.S.A. 2019 Supp. 40-2c29, and amendments thereto.

RBC instructions means the RBC report, including risk-based capital instructions, as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC. "RBC instructions" shall also include any modifications adopted by the superintendent, as the superintendent considers to be necessary.

RBC instructions means the RBC Instructions of the National Association of Insurance Commissioners in effect as of the date of this Agreement.

RBC instructions means the RBC report including the National Association of Insurance Commissioner's risk-based capital instructions that govern the year for which an RBC report is prepared.

RBC instructions means the RBC report, including RBC instructions and formula adopted by the NAIC as required by the Insurance Commissioner under section 320(a)(2) of the act of May 17, 1921 (P.L.682, No.284), known as "The Insurance Company Law of 1921."

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.