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, 2019 2020, or any later version promulgated by the NAIC as may be adopted by the commissioner under K.S.A. 2020 Supp. 40-2c29, and amendments thereto.

Examples of RBC instructions in a sentence

  • The NAIC RBC Instructions are designed for the annual RBC calculation and contain references to the parts of the statutory statements that are only available on an annual basis.

  • In the event that as of a particular determination date for any matter under this Agreement requiring the use of or reference to a risk based capital level or similar metric an applicable Insurance Regulator or the National Association of Insurance Commissioners, as applicable, is no longer employing or regularly updating such metric or regime, the then-most recent RBC Instructions or definition and methodology of such risk based capital metric shall be employed for such purposes under this Agreement.


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 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.
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 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 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 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.