379.1346. Reports and statements of branch captive insurance companies to be filed with director. - Missouri Statutes

Reports and statements of branch captive insurance companies to befiled with director.

379.1346. Prior to March first of each year, or with the approval ofthe director within sixty days after its fiscal year end, a branch captiveinsurance company shall file with the director a copy of all reports andstatements required to be filed under the laws of the jurisdiction in whichthe alien captive insurance company is formed, verified by oath of two ofits executive officers. If the director is satisfied that the annualreport filed by the alien captive insurance company in its domiciliaryjurisdiction provides adequate information concerning the financialcondition of the alien captive insurance company, the director may waivethe requirement for completion of the captive annual statement for businesswritten in the alien jurisdiction.

(L. 2007 S.B. 215)