Negative trend means, with respect to a life or health insurer or fraternal benefit society, negative trend over a period of time as determined in accordance with the trend test calculation included in the life or fraternal risk based capital instructions.
Negative trend means, with respect to a life and health insurer, a negative trend over a period of time, as determined in accordance with the "trend test calculation" included in the RBC instructions defined in subsection (j).
Negative trend means, with respect to a life or health insurer
Examples of Negative trend in a sentence
The REINSURER agrees to notify the CEDING COMPANY upon request in the event that the REINSURER's ACL risk-based capital ratio should fall below two hundred percent (200%) or it should be required to file a Negative Trend Plan as aforesaid.
More Definitions of Negative trend
Negative trend means a negative trend over a period of time for a life or health insurer as determined in accordance with the trend test calculation included in the RBC instructions.
Negative trend means, with respect to a life or health insurer, a decrease over a period of time, as determined in accordance with the Trend Test Calculation included in the RBC instructions.
Negative trend means, with respect to a life or health insurer, negative trend over a period of time, as determined in accordance with the trend test calculation included in the risk-based capital instructions;
Negative trend means, with respect to a life and health insurer, negative trend over a period of time, as determined in accordance with the Trend Test Calculation included within the RBC Instructions.
Negative trend means, with respect to a life or accident
Negative trend means for a life or health insurer, a negative trend in the level of risk-based capital over a period of time;