Kan. Admin. Regs. § 40-3-45 - Fire and casualty insurance; rate filings; investment income; requirements
(a) Every rate
filing required by
K.S.A. 40-955 and amendments thereto shall include
specific consideration of earnings or losses resulting from the investment of
assets equal to the unearned premiums and loss reserves of the company or
companies making the filing.
(b)
These earnings or losses shall consist of the historical after-tax rate of
return on net worth derived from investments and shall be calculated by
developing an average rate of return as a percent of earned premiums. Any
explanatory memorandum submitted with a rate filing shall include an
explanation of how the investment earnings or losses are considered in the rate
indications. The actual methodology used to derive the investment earnings or
losses shall not be required to be included in the filing, but the methodology
shall be made available upon the request of the commissioner.
Notes
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