40 Pa. Stat. § 991.1414

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.

40 P.S. § 991.1414

Added by P.L. TBD 2022 No. 93, § 6, eff. 9/9/2022.