Current through Pa Acts 2024-53, 2024-56 through 2024-95
Section 991.1414 - Compliance with Group Capital Calculation and Liquidity Stress Test Requirements.(a) An insurer that is part of an internationally active insurance group shall comply with the requirement to file a group capital calculation report under section 1404(k.1)(2) upon the effective date of this section. All other insurers shall comply with the requirement to file a group capital calculation no later than January 1, 2026.(b) An insurer shall be subject to the liquidity stress test requirements of section 1404(k.1)(7) on January 1, 2023.Added by P.L. TBD 2022 No. 93, § 6, eff. 9/9/2022.