California Insurance Code ARTICLE 4.6 - Hedging

• Section 1211.
  (a) For the purposes of this section the following definitions shall apply:(1) “Aggregate counterparty exposure” means the sum of the aggregate statement value options, swaptions, caps, floors,...
• Section 1212.
  (a) Any domestic incorporated insurer having aggregate capital and surplus as of the preceding December 31 of at least twenty-five million dollars ($25,000,000), after investing an...

Last modified: October 22, 2018