11 CRR-NY 93.4NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 11. INSURANCE
CHAPTER IV. FINANCIAL CONDITION OF INSURER AND REPORTS TO SUPERINTENDENT
SUBCHAPTER B. LIFE INSURERS
PART 93. AIRCRAFT REINSURANCE BY LIFE INSURERS
11 CRR-NY 93.4
11 CRR-NY 93.4
93.4 Limitation of risk.
Notwithstanding the provisions of section 1115 of the Insurance Law, the amount of any single aircraft risk shall be limited to not more than two percent of the life insurer's total capital and surplus as of the preceding year-end.
11 CRR-NY 93.4
Current through June 30, 2021
End of Document

IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.