mandatory control level RBC definition

mandatory control level RBC. ’ means the product of .70 and the authorized control level RBC.
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mandatory control level RBC means the product of 0.70 and the
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mandatory control level RBC means the product of .70
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Examples of mandatory control level RBC in a sentence

  • Filing of an RBC report that indicates that the health organization's total adjusted capital is less than its mandatory control level RBC.

  • Filing of an RBC report that indicates that the health organization's total adjusted capital is greater than or equal to its mandatory control level RBC but less than its authorized control level RBC.

  • The filing of an RBC report which indicates that the insurer's total adjusted capital is less than its mandatory control level RBC.

  • The filing of an RBC report by the insurer which indicates that the insurer's total adjusted capital is greater than or equal to its mandatory control level RBC but less than its authorized control level RBC.

  • Under DIFS Bulletin 2013-21-INS, an authorized control level event is defined as either of the following:• The filing of an RBC report that indicates that the insurer’s total adjusted capital is less than its authorized control level RBC but still not below its mandatory control level RBC (that is, its ratio of total adjusted capital to RBC is below 100% but still 70% or greater).


More Definitions of mandatory control level RBC

mandatory control level RBC means the product of seven-tenths and the authorized
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mandatory control level RBC means the product of .70 and an insurer's authorized control level RBC.
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mandatory control level RBC means the product of seven-tenths
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mandatory control level RBC means the product of .70 and the au- thorized control level RBC;
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mandatory control level RBC means the product of .70 (70%) and the CCO's authorized control level RBC.¶ (6) "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.¶
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mandatory control level RBC means the product of 70X% and its Authorized Control Level RBC
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mandatory control level RBC means the product of .70 and a health insuring corporation's authorized control level RBC.
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