Own risk and solvency assessment

Checkout our iOS App for a better way to browser and research.

§423-F. Own risk and solvency assessment

1.  General requirement.  A domestic insurer that is not subject to registration under section 222, subsection 8 shall comply with the requirements of section 222, subsection 8, paragraph B‑3 if the requirements of that paragraph would apply if the insurer were subject to registration. The superintendent is considered the insurer's lead regulator for purposes of this section.  

[PL 2013, c. 238, Pt. A, §30 (NEW); PL 2013, c. 238, Pt. A, §34 (AFF).]

2.  Confidentiality.  All documents prepared or filed pursuant to this section are confidential to the same extent and subject to the same terms and procedures as if they were prepared or filed pursuant to section 222, subsection 8, paragraph B‑3.  

[PL 2013, c. 238, Pt. A, §30 (NEW); PL 2013, c. 238, Pt. A, §34 (AFF).]

SECTION HISTORY

PL 2013, c. 238, Pt. A, §30 (NEW). PL 2013, c. 238, Pt. A, §34 (AFF).


Download our app to see the most-to-date content.