Rhode Island § 27-11.1-8 § 27-11.1-8. Investment standards.

Rhode Island Statutes

§ 27-11.1-8 — § 27-11.1-8. Investment standards.

Rhode Island § 27-11.1-8

Title 27Insurance

Ch. 27-11.1Investments by Domestic Insurance Companies

This text of Rhode Island § 27-11.1-8 (§ 27-11.1-8. Investment standards.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-11.1-8 (2026).

Text

§ 27-11.1-8. Investment standards.
(a) All domestic insurance companies and United States branches of alien insurers entered
            through this state shall protect the interests of insureds by promoting insurer solvency
            and financial strength through the application of investment standards that facilitate
            a reasonable balance of the following objectives:
         
(1) To preserve principal;
         
(2) To assure reasonable diversification as to type of investment, issuer and credit quality;
            and
         
(3) To allow insurers to allocate investments in a 

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§ 27-11.1-8. Investment standards.

(a) All domestic insurance companies and United States branches of alien insurers entered through this state shall protect the interests of insureds by promoting insurer solvency and financial strength through the application of investment standards that facilitate a reasonable balance of the following objectives:

(1) To preserve principal;

(2) To assure reasonable diversification as to type of investment, issuer and credit quality; and

(3) To allow insurers to allocate investments in a manner consistent with principles of prudent investment management to achieve an adequate return so that obligations to insureds are adequately met and financial strength is sufficient to cover reasonably foreseeable contingencies.

(b) All investments, including, but not limited to, those referred to in this chapter, shall be made and held in accordance with the objectives in subsection (a) subject to the limitations set forth in this chapter and in regulations promulgated pursuant to this chapter. Investments not conforming to this chapter and any regulations promulgated pursuant to this chapter shall not be considered admitted assets.