Total adjusted capital definition

Total adjusted capital means the sum of:

Total adjusted capital means the sum of an insurer's or health organization's statutory capital and surplus as determined in accordance with:

Total adjusted capital means "Total Adjusted Capital" as defined by the NAIC as of December 31, 1997 and as applied in the context of the Risk Based Capital Guidelines promulgated by the NAIC.

Examples of Total adjusted capital in a sentence

• Risk Based Capital — The Total Adjusted Capital figure in Column One from the page titled Five Year Historical Data in the Annual Statement for the most recent year filed with PID, divided by the Authorized Control Level Risk-based Capital figure.

• The RBC ratio is defined as the Total Adjusted Capital figure in Column 1 from the page titled Five Year Historical Data in the Annual Statement for the most recent year filed most recently with the PID divided by the Authorized Control Level Risk-based Capital figure.

• Paragraph 10B to the Existing Note Purchase Agreement is hereby amended by deleting the following defined terms in their entirety: “Xxxxxxxxxx Family” and “Total Adjusted Debt to Total Adjusted Capital Ratio”.

• The term "RBC Ratio" shall mean, with respect to the Grantor, the percentage equal to (i) the quotient of the Total Adjusted Capital of the Grantor DIVIDED by the Company Action Level RBC, MULTIPLIED by (ii) 100.

• For these purposes, Required Surplus shall be calculated on the assumption that Total Adjusted Capital to Company Action Level RBC, in each case with respect to the Recaptured Business, shall be 200 percent (Both Total Adjusted Capital and Company Action Level RBC shall be determined as provided in the Risk-Based Capital (RBC) Model Act or the NAIC’s rules with respect thereto in effect as of the Recapture Date).

More Definitions of Total adjusted capital

Total adjusted capital means, with respect to any insurance company, its total adjusted capital as calculated in accordance with the most current formula for calculating such amount adopted by the insurance regulatory authority in such insurance company’s state of domicile.

Total adjusted capital means the sum of both of the following:

Total adjusted capital has the meaning assigned to it in Section 8301(15) of Title 8 of the Vermont Statutes Annotated in effect as of the RBC Reference Date.

Total adjusted capital means, as of any date of determination, total adjusted capital as calculated in accordance with the applicable Laws of the state of domicile of the Reinsurer.

Total adjusted capital means the sum of an insurer's statutory capital and surplus

Total adjusted capital means, with respect to any U.S. domiciled insurance company, total adjusted capital as calculated in accordance with the applicable Laws of such insurance company’s domiciliary state.

Total adjusted capital. As of any date of determination, the sum of (i) Statutory Surplus plus (ii) the Contingency Reserve Amount.