Examples of authorized control level RBC in a sentence
Company action level RBC is equal to 200% of the authorized control level RBC, which is the level at which regulatory action is taken.
Regulatory compliance is determined by a ratio (the "Ratio") of the enterprise's regulatory total adjusted capital, as defined by the NAIC, to its authorized control level RBC, as defined by the NAIC.
Having regard to the undisputed events which preceded the applicant's arrest and detention on this occasion, I am unable to find that this case has been sufficiently made out.20 PRUNEANU v.
Capital shortageDETAILED ANALYSISUnder the bill, if either of the following occurs, a domestic fraternal benefit society must present to the Superintendent of Insurance a plan to protect the interests of the society members not later than 45 days following the occurrence:▪ The society has an authorized control level RBC.
The filing of an RBC report by the insurer that indicates that the insurer's total adjusted capital is greater than or equal to its authorized control level RBC but less than its regulatory action level RBC.