Hawaii Administrative Code

Notes Haw. Code R. § 16-16-22 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-23 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-24 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-25 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-26 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-27 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-28 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed. [R 2/4/17]

Notes Haw. Code R. § 16-16-29 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-3 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-30 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-31 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-32 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-33 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-34 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-35 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-36 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-37 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-38 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-39 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-4 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-3) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-40 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-41 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-4) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-5 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-3) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-6 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-3) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-7 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS § 431M-3) Repealed 2/4/2017

Notes Haw. Code R. § 16-16-8 [Eff 1/7/91] (Auth: HRS § 431M-6) (Imp: HRS §§ 431M-4, 431M-5) Repealed 2/4/2017

(a) Pursuant to section 431:4A-101(f), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that is licensed to write reinsurance by, and has its head office or is domiciled in, a reciprocal jurisdiction, and which meets the …

(a) As used in this section: "Beneficiary" means the entity for whose sole benefit the trust has been established and any successor of the beneficiary by operation of law. If a court of law appoints a successor in interest to the named beneficiary, then the named beneficiary incl…

(a) The letter of credit must be clean, irrevocable, and unconditional and issued or confirmed by a qualified United States financial institution as defined in section 431:4A-103(a), HRS. The letter of credit shall contain an issue date and date of expiration and shall stipulate …

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control. Notes Haw. Code R. § 16-168-12 Eff 1/25/97 [§ 16-168-11; Ren and Comp 11/10/2016] (Imp: …

Credit will not be granted to a ceding insurer for reinsurance effected with assuming insurers meeting the requirements of section 16-168-3, 16-168-4, 16-168-5, 16-168-6, 16-168-7, 16-168-7.1, or 16-168-9, or otherwise in compliance with section 431:4A-101, HRS, after the adoptio…

All new and renewal reinsurance transactions entered into after December 31, 1996, shall conform to the requirements of chapter 431, HRS, and this chapter if credit is to be given to the ceding insurer for such reinsurance." Notes Haw. Code R. § 16-168-14 [Eff 1/25/97; § 16-168-1…

If any provision of this chapter, or their application to any person or circumstance, is held invalid, such determination shall not affect other provisions or applications of this chapter that can be given effect without the invalid provision or application, and to that end the p…

Pursuant to section 431:4A-101(b), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers that were licensed in this State as of the date of the ceding insurer's statutory financial statement. Notes Haw. Code R. § 16-168-3 Eff 1/…

(a) Pursuant to section 431:4A-101(b), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that is accredited as a reinsurer in this State as of the date of the ceding insurer's statutory financial statement. An accredited r…

(a) Pursuant to section 431:4A-101(c), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer which as of the date of the ceding insurer's statutory financial statement:(1) Is domiciled in (or, in the case of a United States br…

(a) Pursuant to section 431:4A-101(d), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer which, as of the date of the ceding insurer's statutory financial statement, maintains a trust fund in an amount prescribed below in …

(a) Pursuant to section 431:4A-101(e), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that has been certified as a reinsurer in this State at all times for which statutory financial statement credit for reinsurance is c…

Pursuant to section 431:4A-101(g), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of section 431:4A-101(b), (c), (d), (e), (f), or (g), HRS, but only with respect to the insurance of risks l…

(a) Pursuant to section 431:4A-102, HRS, the commissioner shall allow a reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of section 431:4A-101, HRS, in an amount not exceeding the liabilities carried by the c…

The purpose of this subchapter is to prescribe: (1) Guidelines and standards for statements of actuarial opinion which are to be submitted in accordance with section 431:5-307(j), HRS, and for memoranda in support thereof; (2) The meaning of "adequacy of reserves"; and (3) Rules …

Every property and casualty insurance company domiciled in this State, unless otherwise exempted by the commissioner, shall annually submit to the commissioner the opinion of an appointed actuary entitled "Statement of Actuarial Opinion." The statement of actuarial opinion shall …

Every property and casualty insurance company domiciled in this State shall be required to annually submit a statement of actuarial opinion along with an actuarial opinion summary, written by the company's appointed actuary. This actuarial opinion summary shall be filed in accord…

A company licensed but not domiciled in this state shall provide the actuarial opinion summary upon the commissioner's request. Notes Haw. Code R. § 16-169-12 [Eff 8/02/12] (Auth: HRS §§ 431:2-201, 431:5-401) (Imp: HRS §§ 431:2-201, 431:3-105, 431:3-203, 431:3-203.5, 431:3-212, 4…

An actuarial report and underlying workpapers as required by the applicable NAIC property and casualty annual statement instructions shall be prepared to support each actuarial opinion. Notes Haw. Code R. § 16-169-13 [Eff 8/02/12] (Auth: HRS §§ 431:2-201, 431:5-401) (Imp: HRS §§ …

Notes Haw. Code R. §§ 16-169-14 to 15

This subchapter shall apply to all health insurance companies, including accident and health or sickness insurers, mutual benefit societies, fraternal benefit societies, health maintenance organizations, and other health insurers. Notes Haw. Code R. § 16-169-16 [Eff 9/28/09; am a…