623.12 Amount of security surplus. The security surplus shall be set by the commissioner between 110 percent and 140 percent of the compulsory surplus. In setting the figure the commissioner may consider such factors as the size of the insurer, its recent experience, the volatility of the lines of insurance in which it engages and any other relevant factors.
History: 1971 c. 260.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 623 - Insurance — accounting and reserves.
623.02 - Standards for accounting rules.
623.04 - Valuation of liabilities.
623.06 - Standard valuation law.
623.11 - Amount of compulsory surplus.
623.12 - Amount of security surplus.
623.15 - Fraternal rates and reserves.