Indiana Statutes

§ 27-1-36-24 — "Total adjusted capital"

Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 36 Risk Based Capital Requirements

As used in this chapter, "total adjusted capital" means the sum of:

(1)an insurer's statutory capital and surplus determined in accordance with the statutory accounting principles and practices that are applicable to the annual financial statements required to be filed under IC 27-1-3.5; and
(2)other items, if any, that the RBC Instructions may provide.

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Legislative History

As added by P.L.186-1996, SEC.1. Amended by P.L.124-2018, SEC.59.

Nearby Sections

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