OAR 836-029-0020
Risk Limitation


The Director of the Department of Consumer and Business Services may:

(1)

Limit the net amount of risk a captive insurer retains for a single risk after considering the impact of the retention on the captive insurer’s capital and surplus; or

(2)

Prescribe and demand additional capital and surplus of any captive insurer if the director determines that the captive insurer is not adequately capitalized for the type, volume and nature of the risk that is being covered by the captive insurer.
Last Updated

Jun. 8, 2021

Rule 836-029-0020’s source at or​.us