N.Y. Comp. Codes R. & Regs. tit. 11 § 93.4

Current through Register Vol. 46, No. 53, December 31, 2024
Section 93.4 - Limitation of risk

Notwithstanding the provisions of section 1115 of the Insurance Law, the amount of any single aircraft risk shall be limited to not more than two percent of the life insurer's total capital and surplus as of the preceding year-end.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 93.4