Examples of RBC level in a sentence
Notwithstanding the premium threshold, as stated above, the superintendent may require an insurer to file management's report of internal control over financial reporting if the insurer is in any "RBC" level event, or meets any one or more of the standards of an insurer deemed to be in hazardous financial condition as defined in sections 3903.01 to 3903.59 of the Revised Code.
For a period of five (5) years from the consummation of the transaction, the Applicants shall direct their respective representatives on the board of directors to cause the Domestic Insurer to maintain a minimum Authorized Control Level Risk Based Capital (RBC) level of 300%, or higher at all times and a liquidity ratio at or below 100%.
The Company periodically monitors the RBC level of each of the Insurance Companies.
We believe this was related to the materiality of the impact of the risk factor on the overall RBC level for health insurers.70We can use two of the scenarios in the NAIC impact analysis to examine the extent to which a bond size factor is significant.
For a period of five (5) years from the consummation of the transaction, Applicants shall use reasonable efforts or, if required to vote, to maintain a minimum Authorized Control Level Risk Based Capital (RBC) level of 300%, or higher at all times of the Domestic Insurer.