760 Ind. Admin. Code 1-78-17

Current through December 12, 2024

Section 760 IAC 1-78-17 - Canadian and British companies

Authority: IC 27-1-3-7

Affected: IC 27-1-3.5

Sec. 17.

(a) In the case of Canadian and British insurers, the annual audited financial report shall be defined as the annual statement of total business on the form filed by the companies with their supervision authority duly audited by an independent chartered accountant.

(b) For such insurers, the letter required in section 5(b) of this rule shall:

(1) state that the accountant is aware of the requirements relating to the annual audited financial report filed with the commissioner under section 3 of this rule; and

(2) affirm that the opinion expressed is in conformity with those requirements.

760 IAC 1-78-17

Department of Insurance; 760 IAC 1-78-17; filed Oct 27, 2009, 2:52 p.m.: 20091125-IR-760090376FRA

Readopted filed 11/20/2015, 9:25 a.m.: 20151216-IR-760150341RFA

Readopted filed 11/15/2021, 8:32 a.m.: 20211215-IR-760210419RFA