Regulatory Statements definition

Regulatory Statements has the meaning set forth in Section 4(bb)(i).

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Regulatory Statements means the annual balance sheet, income statement, statement of capital and surplus, cash flow and other schedules of the identified insurance company in a form consistent with the National Association of Insurance Commissioners’ Annual Convention Blank, prepared in accordance with SAP for the three (3) years ended December 31, 2013, 2014, and 2015, the quarterly financial statements in a form consistent with the National Association of Insurance Commissioners Quarterly Statement for each quarter since January 1, 2014, as applicable, and in the case of the Canadian Branch, all reports prepared by the Canadian branch and submitted to OSFI relating to the Canadian Branch’s TAAM for the last three (3) years and any other OSFI required financial reports of the Canadian Branch.

Regulatory Statements means the quarterly and annual balance sheet, income statement, statement of capital and surplus and other schedules of Apex Re and Apex Lloyds in a form consistent with the National Association of Insurance Commissioners' Annual Convention Blank, prepared in accordance with Statutory Accounting Principles for the three years ended December 31, 2003 and for the quarters ended March 31, 2004, June 30, 2004 and September 30, 2004, and subsequent periods, as applicable.

Examples of Regulatory Statements in a sentence

Prior to the Initial Closing Date and each Subsequent Closing, Schedule 4(bb)(i) shall be updated to set forth the unaudited balance sheet of ALSC as of the most recent three, six or nine month period for 2018 prior to the Initial Closing Date and each Subsequent Closing, as the case may be, and the related statements of income and cash flows, as filed with the Nebraska Department, for such period then ended and shall be deemed to be included within the definition of Regulatory Statements.
The Company Regulatory Statements complied in all material respects with any requirement of law when filed and no material deficiency has been asserted with respect to any Company Regulatory Statement by the Board, the OCC, the FDIC or any other Governmental Entity.
No material deficiency has been asserted by any Governmental Entity with respect to any of the Regulatory Statements that remains unresolved.
The Regulatory Statements of the Insurance Companies have been prepared in accordance with SAP consistently applied throughout the periods involved.
ALSC has no liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due, including any liability for Taxes), except for liabilities set forth in the most recent Regulatory Statements and Liabilities in the Ordinary Course of Business which are not material.
The annual statutory balance sheets and income statements included in the Company Regulatory Statements have been audited, and the Company and the Company Bank have made available to Parent true and complete copies of all audit opinions related thereto.
As of the date hereof, NLASCO and each of its Subsidiaries are entitled to take full credit in their respective Regulatory Statements (to the extent credit has been taken in such Regulatory Statements) pursuant to applicable laws for all reinsurance and coinsurance ceded pursuant to any Reinsurance Contract.
The Regulatory Statements have been and will be prepared in accordance with Statutory Accounting Principles consistently applied throughout the periods involved and in accordance with the books and records of Sequoia.
Since January 1, 2020 to the date hereof, no material deficiency has been asserted by any Governmental Authority with respect to any of the Regulatory Statements that has not been resolved to the satisfaction of the applicable Governmental Authority.
The Parent Regulatory Statements complied in all material respects with any requirement of Law when filed and no material deficiency has been asserted with respect to any Parent Regulatory Statements by the FDIC or any other Governmental Entity.

More Definitions of Regulatory Statements

Regulatory Statements means the annual balance sheet, income statement, statement of capital and surplus, cash flow and other schedules of the identified insurance company in a form consistent with the National Association of Insurance Commissioners’ Annual Convention Blank, prepared in accordance with SAP for the three years ended December 31, 2016, 2017, and 2018, and the quarterly financial statements in a form consistent with the National Association of Insurance Commissioners Quarterly Statement for the quarter and year-to-date period ended September 30, 2019 and subsequent periods, as applicable.

Regulatory Statements has the meaning specified in Section 3.22(c)(i).

Regulatory Statements the quarterly and annual balance sheet, income statement, statement of capital and surplus and other schedules of Sequoia in a form consistent with the National Association of Insurance Commissioners' Annual Convention Blank, prepared in accordance with Statutory Accounting Principles for the three years ended December 31, 2001 and subsequent periods, as applicable and as filed with the State of California and all other applicable regulatory authorities.

Regulatory Statements has the meaning ascribed to it in Section 2.05(b). “Reinsurance Contracts” means all Contracts, treaties, facultative certificates, policies or other arrangements to which the Insurer is a party or by which the Insurer is bound or subject,

Regulatory Statements means the HMO Subsidiary's quarterly and annual reports as filed with DOI for the periods ended December 31, 2002, March 31, 2003, June 30, 2003, September 30, 2003 and December 31, 2003.

Regulatory Statements has the meaning set forth in Section 3.7.