Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 30.00 - Reinsurance Of Property And Casualty Risks By Life Insurers
Section 30.07 - Limitation of Risk
Universal Citation: 211 MA Code of Regs 211.30
Current through Register 1531, September 27, 2024
Notwithstanding the other provisions of 211 CMR 30.00, for the purpose of determining the extent to which a life insurance company may expose itself to loss of any single property or casualty reinsurance risk, the standard to be observed is that the amount of any single property and casualty reinsurance risk shall be limited to not more than 2% of the life insurer's total surplus including capital, if any.
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