R.C.S.A. § 38a-138-15
Adequacy of surplus
Cite as Conn. Agencies Regs. § 38a-138-15
The factors set forth in subsection (g) of section 38a-136 of the Connecticut General
Statutes are not intended to be an exhaustive list. In determining the adequacy and
reasonableness of an insurer's surplus no single factor is necessarily controlling.
The Commissioner, instead, will consider the net effect of all of these factors plus
other factors bearing on the financial condition of the insurer. In comparing the
surplus maintained by other insurers, the Commissioner shall consider the extent to
which each of these factors varies from company to company and in determining the
quality and liquidity of investments in subsidiaries, the Commissioner shall consider
the individual subsidiary and may discount or disallow its valuation to the extent
that the individual investments so warrant.