40 Pa. Stat. § 221.5-A

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 221.5-A - Calculation of RBC Relating to Property or Casualty Insurers
(a) A property or casualty insurer's RBC shall be determined in accordance with the formula set forth in the RBC instructions.
(b) The formula shall take into account and may adjust for the covariance between the following risks determined in each case by applying the factors in the manner set forth in the RBC instructions:
(1) Asset risk.
(2) Credit risk.
(3) Underwriting risk.
(4) All other business risks and other relevant risks as are set forth in the RBC instructions.

40 P.S. § 221.5-A

1921, May 17, P.L. 789, No. 285, § 505-A, added 1997, June 25, P.L. 349, No. 40, § 1, imd. effective.