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All overseas insurance firmsG , including pure reinsurersG , must provide an equivalent or substantially equivalent solvency margin calculation, submitted to a supervisor in another jurisdiction for the company as a whole, in accordance with Chapter CA-7. In instances where pure reinsurersG are not subject to supervisory requirements in another jurisdiction, they must calculate a Required Solvency MarginG in accordance with this Chapter for the company as a whole.

Amended: January 2007
Amended: October 2007
(3 Versions)
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