Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-138 - CAPTIVE INSURERS
Section 482-1-138-.17 - Surplus
Universal Citation: AL Admin Code R 482-1-138-.17
Current through Register Vol. 42, No. 5, February 29, 2024
A captive insurer's initial free surplus is the minimum additional assets required of a captive insurer over and above the minimum required basic surplus for the lines of insurance authorized to be written.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§ 27-2-17; 27-7-43, 27-31B-17.
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