Effective – 28 Aug 2015, 2 histories 375.1070. Inapplicability to certain insurers. — Sections 375.1070 to 375.1078 shall not apply to an insurer organized under chapter 376. ——– (L. 1991 H.B. 385, et al. § 18, A.L. 2007 S.B. 66, A.L. 2015 S.B. 164)
Effective – 28 Aug 2015, 2 histories 375.1072. Definitions. — As used in sections 375.1070 to 375.1078, the following terms mean: (1) “Admitted assets”, the amount thereof as of the last day of the most recently concluded annual statement year, computed in the same manner as admitted assets in section 379.080 for insurers other than […]
Effective – 28 Aug 2015 375.1074. Limitation on investments, domestic insurers. — Except as otherwise specified by Missouri law, no domestic insurer shall acquire an investment directly or indirectly through an investment subsidiary if, as a result of and after giving effect to the investment, the insurer would hold more than five percent of its […]
Effective – 28 Aug 2007 375.1075. Limitations on aggregate of medium or lower quality investments, requirements. — 1. No domestic insurer shall acquire, directly or indirectly, any medium or lower quality obligation of any institution if, after giving effect to any such acquisition, the aggregate amount of all medium and lower quality obligations then held […]
Effective – 28 Aug 2015 375.1078. Limitation on Canadian investments. — 1. No insurer shall acquire, directly or indirectly through an investment subsidiary, a Canadian investment otherwise permitted under Missouri law if, after giving effect to the investment, the aggregate amount of the investments then held by the insurer would exceed twenty-five percent of its […]
