Superseded by BULLETIN PF-23 Revision to Bulletin PF-15

I ST.L~TE OF CONNECTICUT INSURANCE DEPARTMENT ?:ll ~~~ ~ BULLETIN PF-15a November 4, 1985 'ill; ALL LIFE INSURERS AND FRATERNAL BENEFIT SOCIETIES LICENSED IN THE STATE OF CONNECTICUT SUBJECT: INDIVIDUAL SINGLE PREMIUM DEFERRED ANNUITIES (SPDAs) AND INDIVIDUAL SINGLE PREMIUM WHOLE LIFE POLICIES (SPWLs) ...: 'Ihis is to advise that the requirements of Bulletin PF-15 dated February 10, 1984, and our advisory letter dated April 5, 1984, are being withdrawn with the exception of the following: Submissions must still indicate that the forms will not be reinsured with affiliates, subsidiaries, parents or insurers that are controlled by parties producing the business, without the prior approval of the Department. Submissions must still indicate that the reserves will not be invested ir. parents~ subsidiaries or affiliates except that companies writing these products may invest up to 100% of their capital and surplus (plus the manda­ tory securities valuation reserve) in parents, subsidiaries or affiliates. 'Ihis bulletin will take effect immediately. Peter W. Gillies, Insurance Commissioner Phone: (203) 566-4985 165 Capitol Avenue • Hartford, CT 06106 An Equal Opportunity Employer