Indiana § 27-1-36-27 Property and casualty insurer's RBC; formula

Indiana Statutes

§ 27-1-36-27 — Property and casualty insurer's RBC; formula

Indiana § 27-1-36-27

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 36Risk Based Capital Requirements

This text of Indiana § 27-1-36-27 (Property and casualty insurer's RBC; formula) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-36-27 (2026).

Text

A property and casualty insurer's RBC must be determined in accordance with the formula set forth in the RBC instructions. The formula must take into account (and may adjust for the covariance between):

(1)asset risk;

(2)credit risk;

(3)underwriting risk; and

(4)all other business risks and such other relevant risks as are set forth in the RBC instructions; determined by applying the factors in the manner set forth in the RBC instructions.

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A property and casualty insurer's RBC must
be determined in accordance with the formula set forth in the RBC
instructions. The formula must take into account (and may adjust for
the covariance between):
(1) asset risk;
(2) credit risk;
(3) underwriting risk; and
(4) all other business risks and such other relevant risks as are set
forth in the RBC instructions;
determined by applying the factors in the manner set forth in the RBC
instructions.