N.Y. Comp. Codes R. & Regs. Tit. 11 § 72.4 - Minimum schedule

Type of corporation Minimum retention amounts Minimum coinsurance percentage
Individual Aggregate
(a) For corporations subject to the B.L. or B.C.L. (including insurance corporations, transportation corporations, etc. and with:
(1) assets greater than $20,000,000: $5,000 $50,000 0.5%
(2) assets greater than $10,000,000 up to $20,000,000: 4,000 40,000 0.4%
(3) assets greater than $5,000,000 up to $10,000,000: 3,000 30,000 0.3%
(4) assets of $5,000,000 or less: 2,000 20,000 0.2%
(b) Corporations subject to the Cooperative Corporations Law: 100 1,000 0.1%
(c) Corporations subject to the Religious Corporations Law: 100 1,000 0.1%
(d) Corporations subject to the N-PCL 100 1,000 0.1%

Notes

N.Y. Comp. Codes R. & Regs. Tit. 11 § 72.4

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