Authorized Control Level RBC definition

Authorized Control Level RBC means the number determined under the risk-based capital formula in accordance with the RBC instructions;
Authorized Control Level RBC means the number determined under the risk- based capital formula in accordance with the RBC Instructions;
Authorized Control Level RBC. ’ means the number determined under the risk-based capital formula in accordance with the RBC instruc- tions; and

Examples of Authorized Control Level RBC in a sentence

Notwithstanding the foregoing, AIG may, at any time as it deems necessary in its sole discretion and in compliance with applicable law, make a contribution to the Company in such amount as is required for the Company’s Total Adjusted Capital to equal a percentage of its Authorized Control Level RBC determined to be appropriate by the Company and AIG.

The filing of an RBC Report by the MCE that indicates that the MCE's Total Adjusted Capital is greater than or equal to its Mandatory Control Level RBC but less than its Authorized Control Level RBC.

The Authority recommends that an MCE endeavor to maintain its Total Adjusted Capital at no less than 300% of its Authorized Control Level RBC.

The filing of an RBC Report by the MCE that indicates that the MCE's Total Adjusted Capital is greater than or equal to its Authorized Control Level RBC but less than its Regulatory Action Level RBC.

The MCE shall report in its annual financial statement its Total Adjusted Capital and its Authorized Control Level RBC as calculated in its RBC Report.


More Definitions of Authorized Control Level RBC

Authorized Control Level RBC means the product of four-tenths (.40) and the risk-based capital after covariance determined under the risk-based capital formula in accordance with the RBC instruction; and
Authorized Control Level RBC means the amount of an insurer's authorized control level RBC calculated under the RBC formula in accordance with the RBC instructions.
Authorized Control Level RBC means the denominator determined under the risk-based capital formula in accordance with the RBC instructions.[ *** ]
Authorized Control Level RBC means the number determined
Authorized Control Level RBC means the number deter- mined under the risk-based capital formula in accordance with the RBC instructions.
Authorized Control Level RBC means the amount of a health organization's authorized control level RBC calculated under the RBC formula in accordance with the RBC instructions.
Authorized Control Level RBC means the number determined by the RBC formula in accordance with the RBC Instructions; and