Expenses for group-wide supervision

N.Y. Insurance Law § 1718, under Subsidiaries of Domestic Life Insurance Companies and Certain Other Entities.

N.Y. Insurance Law § 1718

§ 1718. Expenses for group-wide supervision. A parent corporation shall be liable for and shall pay the reasonable expenses of the superintendent's participation in the administration of group-wide supervision of internationally active insurance groups, including the engagement of attorneys, actuaries, and any other professionals and all reasonable travel expenses.