legal · go-v.org

BBA ratio and minimum requirements.

CFR · 2024-01-01 · US · Title 12

(a) (1) Establishing an inventory that includes the supervised insurance organization and every company that meets the requirements of § 217.605(b)(1); (2) Identifying all building block parents as required under § 217.605(b)(3); (3) Determining the available capital and capital requirement for each building block parent in accordance with its indicated capital framework; (4) Determining the building block available capital and building block capital requirement for each building block, reflecting adjustments and scaling as set out in this subpart; (5) Rolling up building block available capital and building block capital requirement amounts across all building blocks in the supervised insurance organization's enterprise to determine the same for any depository institution holding companies in the enterprise; and (6) Determining the ratio of building block available capital to building block capital requirement for each depository institution holding company in the supervised insurance organization. (b) (c) (d) (2) A depository institution holding company in a supervised insurance organization must have a process for assessing its overall capital adequacy in relation to its risk profile and a comprehensive strategy for maintaining an appropriate level of capital.

official document · source cfr-2024 · id 12:§ 217.603