The factors set forth in T.C.A. § 56-11-106(d) are not intended to be an exhaustive list. In determining the adequacy and reasonableness of an insurer’s surplus no single factor is necessarily controlling. The Commissioner instead will consider the net effect of all of these factors plus other factors bearing on the financial condition of the insurer. In comparing the surplus maintained by other insurers, the Commissioner will consider the extent to which each of these factors varies from company to company and in determining the quality and liquidity of investments in subsidiaries, the Commissioner will consider the individual subsidiary and may discount or disallow its valuation to the extent that the individual investments so warrant.

Authority: T.C.A. §§ 56-2-301, 56-11-101 through 56-11-119 and 2014 Public Acts, Chapter 583. Administrative History: Original rule filed March 31, 1995; effective June 16, 1995. Amendments and new rules filed December 2, 2015; effective March 1, 2016.