44-6011. Risk-based capital level, defined.
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/ne/chapter-44/44-6011A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Risk-based capital level means an insurer's or a health organization's company action level risk-based capital, regulatory action level risk-based capital, authorized control level risk-based capital, or mandatory control level risk-based capital. For purposes of this section:
(1)Authorized control level risk-based capital means the number determined under the risk-based capital formula in accordance with the risk-based capital instructions;
(2)Company action level risk-based capital means, with respect to any insurer or health organization, the product of 2.0 and its authorized control level risk-based capital;
(3)Mandatory control level risk-based capital means the product of 0.7 and the authorized control level risk-based capital; and
(4)Regulatory action level risk-based capital means the product of 1.5 and its authorized control level risk-based capital.