3901-3-15 Property and casualty risk based capital instructions.

(A) Purpose

The purpose of this rule is to adopt the national association of insurance commissioners’ 2008 instructions for the completion of the property and casualty risk based capital report.

(B) Authority

This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 and division (M) of section 3903.81 of the Revised Code.

(C) Scope

This rule applies to all domestic property and casualty insurance companies required to report their risk based capital with the superintendent of insurance pursuant to section 3903.82 of the Revised Code.

(D) Instructions

In preparing a report of its risk based capital for filing with the superintendent of insurance each domestic property and casualty company shall comply with the 2008 instructions adopted by the national association of insurance commissioners which are set forth in appendix A to this rule.

(E) Severability

If any paragraph, term or provision of this rule is adjudged invalid for any reason such judgment shall not affect, impair or invalidate any other paragraph, term or provisions of this rule, and remaining paragraphs, terms and provisions shall be and shall continue in full force and effect.

Appendix A Risk-Based Capital Report – Property & Casualty

See Appendix at http://www.registerofohio.state.oh.us/pdfs/3901/0/3/3901-3-15_PH_EM_NE_APP1_20081231_1020.pdf

Replaces: 3901-3-15

Effective: 12/31/2008

Promulgated Under: 119.03

Statutory Authority: 3901.041 and 3903.81(M)

Rule Amplifies: 3903.81(M)

Prior Effective Dates: 12/18/96(Emer), 12/30/97(Emer), 12/29/98(Emer), 12/28/99(Emer), 12/29/00(Emer), 12/28/01(Emer), 12/27/02(Emer), 12/30/03(Emer), 12/21/04(Emer), 12/22/05(Emer), 12/26/06(Emer), 12/21/2007(Emer)