Total adjusted capital definition

Total adjusted capital means the sum of:

Total adjusted capital means the sum of an insurer's or health organization's statutory capital and surplus as determined in accordance with:

Total adjusted capital means, with respect to any U.S. domiciled insurance company, total adjusted capital as calculated in accordance with the applicable Laws of such insurance company’s domiciliary state.

Examples of Total adjusted capital in a sentence

• Total adjusted capital for life insurance companies is defined as statutory capital and surplus, plus asset valuation reserve plus subsidiary asset valuation reserves, plus 50% of dividends apportioned for payment, plus 50% of subsidiary dividends apportioned for payment, and was $135,809 at December 31, 2021.

• Total adjusted capital for life insurance companies is defined as statutory capital and surplus, plus asset valuation reserve plus subsidiary asset valuation reserves, plus 50% of dividends apportioned for payment, plus 50% of subsidiary dividends apportioned for payment, and was $1,143,638 at December 31, 2021.

• Total adjusted capital for life insurance companies is defined as statutory capital and surplus, plus asset valuation reserve plus subsidiary asset valuation reserves, plus 50% of dividends apportioned for payment, plus 50% of subsidiary dividends apportioned for payment, and was $112,268 at December 31, 2022.

• XXX XXX 100.0 Footnote to lines 28 and 29, Total adjusted capital and authorized control level risk-based capital.

• PLICO will maintain at all times Total adjusted capital in an amount not less than 4.0 times PLICO’s Authorized Control Level RBC.

More Definitions of Total adjusted capital

Total adjusted capital means “Total Adjusted Capital” as defined by the NAIC as of December 31, 1994, as such definition has been amended from time to time, and as applied in the context of the Risk-Based Capital Guidelines promulgated by the NAIC.

Total adjusted capital means the sum of both of the following:

Total adjusted capital has the meaning assigned to it in Section 8301(15) of Title 8 of the Vermont Statutes Annotated in effect as of the RBC Reference Date.

Total adjusted capital means, as of any date of determination, total adjusted capital as calculated in accordance with the applicable Laws of the state of domicile of the Reinsurer.

Total adjusted capital. As of any date of determination, the sum of (i) Statutory Surplus plus (ii) the Contingency Reserve Amount.

Total adjusted capital means the sum of an insurer's statutory capital and surplus

Total adjusted capital means, with respect to each HMO Subsidiary, at any time, the Total Adjusted Capital (as defined by the NAIC on the date of determination and as determined in accordance with SAP) of such HMO Subsidiary.