9. (5 pts) Reliable Corp. has the following financial statements and statutory annual statement as...
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9. (5 pts) Reliable Corp. has the following financial statements and statutory annual statement as of year-end 2019. Also, Reliable Corp's Risk-based capital charges at YE 2019 are assessed at $2.3 billion. AS SHOWN IN 10-K AS SHOWN IN STATUTORY ANNUAL STATEMENT ASSETS $10.9 billion $11.1 billion LIABILITIES 6.6 billion 7.2 billion STATE what, if any, specific regulatory action needs to be taken by the State Insurance Department pursuant to the NAIC Model Law for Risk-based Capital based on the various action levels. For FULL CREDIT you need to justify your answer with calculations. 9. (5 pts) Reliable Corp. has the following financial statements and statutory annual statement as of year-end 2019. Also, Reliable Corp's Risk-based capital charges at YE 2019 are assessed at $2.3 billion. AS SHOWN IN 10-K AS SHOWN IN STATUTORY ANNUAL STATEMENT ASSETS $10.9 billion $11.1 billion LIABILITIES 6.6 billion 7.2 billion STATE what, if any, specific regulatory action needs to be taken by the State Insurance Department pursuant to the NAIC Model Law for Risk-based Capital based on the various action levels. For FULL CREDIT you need to justify your answer with calculations
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