regulatory action level RBC definition

regulatory action level RBC means the product of 1.5 and its authorized control level RBC;
regulatory action level RBC means the product of 1.5 and the CCO’s authorized control level RBC;
regulatory action level RBC means the product of 1.5 and its

Examples of regulatory action level RBC in a sentence

  • If the commissioner is reporting on a regulatory action level RBC event, the report must include the state fund's corrective action plan, results of any examination or analysis by the commissioner, and any corrective orders issued by the commissioner.

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

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

  • If the total adjusted capital of the FQM's separate trust account is less than its regulatory action level RBC, the FQM shall implement and file with the Commissioner a plan to correct the inadequacy.


More Definitions of regulatory action level RBC

regulatory action level RBC means the product of one and one-half (1.5) and its authorized control level RBC;
regulatory action level RBC means the product of 1.5 and an insurer's authorized control level RBC.
regulatory action level RBC means the product of 1.5 and a health insuring corporation's authorized control level RBC.
regulatory action level RBC means the product of 1.5
regulatory action level RBC means the product of one and five-tenths (1.5) and its Authorized Control Level RBC;
regulatory action level RBC means the product of 1.5 and its Authorized Control Level RBC; 740 3. "Authorized Control Level RBC" means the number determined under the risk-based capital 741 formula in accordance with the RBC Instructions;
regulatory action level RBC means the product of one and five-