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Table of Contents » Title 14. Insurance » Agency 5. State Corporation Commission, Bureau of Insurance » Chapter 270. Rules Governing Annual Financial Reporting » 14VAC5-270-170. Canadian and British companies.

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 270. Rules Governing Annual Financial Reporting

12/26/2024

14VAC5-270-170. Canadian and British companies.

A. For Canadian and British insurers, the annual Audited Financial Report shall be defined as the annual statement of total business on the form filed by the companies with their domiciliary regulatory authority duly audited by an independent chartered accountant.

B. For Canadian and British insurers, the letter from the accountant required in 14VAC5-270-70 shall state that the accountant is aware of the requirements relating to the annual Audited Financial Report filed with the commission pursuant to this section and 14VAC5-270-50 and shall affirm that the opinion expressed is in conformity with the requirements.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.

Historical Notes

Derived from Regulation 39, Case No. INS910072, § 18, eff. September 1, 1991; amended, Virginia Register Volume 24, Issue 12, eff. January 1, 2010.

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