Minimum capital and surplus definition
Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth,
Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth, a particular insurer must have to obtain and maintain its license to transact business in this Commonwealth pursuant to the applicable provisions of this title. In no case shall an insurer's minimum capital and surplus be less than zero.
Minimum capital and surplus means the minimum amount of capital stock and minimum amount of surplus required of an insurer under Section 822.054 or 822.210.
More Definitions of Minimum capital and surplus
Minimum capital and surplus means the minimum
Minimum capital and surplus means the minimum surplus to policyholders a particular insurer must
Minimum capital and surplus has the meaning set forth in Section 8.08.
Minimum capital and surplus means the greater of (i) that minimum unimpaired capital and surplus that Reinsurer is required to maintain pursuant to Haw. Rev. Stat. 431:19-104, and (ii) one hundred and fifty million dollars ($150,000,000); provided that if, at any time, the Required Collateral Amount is less than twenty-five million dollars ($25,000,000), “Minimum Capital and Surplus” shall mean that minimum unimpaired capital and surplus that Reinsurer is required to maintain pursuant to Haw. Rev. Stat. 431:19-104.
Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth, a particular insurer must have to obtain and maintain its license to transact business in this