211 CMR 30.07 - Limitation of Risk

Current through Register 1466, April 1, 2022

Notwithstanding the other provisions of 211 CMR 30.00, for the purpose of determining the extent to which a life insurance company may expose itself to loss of any single property or casualty reinsurance risk, the standard to be observed is that the amount of any single property and casualty reinsurance risk shall be limited to not more than 2% of the life insurer's total surplus including capital, if any.

Notes

211 CMR 30.07

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