Connecticut Reinsurer Financial Filing Requirements

S T A T E O F C O N N E C T I C U T I N S U R A N C E D E P A R T M E N T December 19, 2022 Bulletin Num ber FS-4AR-22 TO: ALL ACCREDITED REINSURERS SUBJECT: 2022 and 2023 FINANCIAL FILING REQUIREMENTS NOTICE This Bulletin has been pr epared with requirements for fi lings in the ordinary course of business. For Compliance with filings in light of COVID-19 please refer to the Depa rtment’s Bulletins addressing COVID including, but n ot limited to, FS-41 Cer tif icat es of accred itati on wi ll be au toma ticall y rene w ed on Jun e 1, 202 3 prov ided the acc red it ed rein su rer ma int ai ns the sta ndar d s, an d satis fi es the annu al fi ling req u ire men ts out lin ed in sect ion s 38a- 88-2, 38a -8 8- 3 or 3 8a- 88-4 of the Re gu lati on s of Con ne ct icut S tate Age ncie s. Ea ch ac cre d ite d r ein su rer do in g busin es s in this sta te sha ll on or befo re Mar c h 1, 2023, su bmi t to the commi ss ione r, by electr on ic ally fi lin g with the Nat ion al Asso ciat io n of Insu ran ce Co mmis sio ne rs (“NA IC ”), a true and compl e te re po rt, sig ne d an d sw orn to by its pres id en t o r a v ice- pre sid ent, and sec re tar y o r a n a ssi st an t sec ret a ry, of i ts fi na nci al c ond ition as o f D ec embe r 31, 2 02 2, pre pare d in acco rdan ce wi th th e NAI C’ s An nual Stateme nt I nstr uct ion s Man u al a nd follow in g t ho se acc oun tin g pr oce du res and practic es p res cr ibed by the NA IC’ s A ccou nt ing Pract ic es and Pro ced ur es Man ual. An elect ro nic all y f ile d rep or t i n acco rdan ce wit h se ctio n 38a- 53 a of the Conn ecti cu t Gener al Sta tutes if tim ely su bm itte d to th e NAI C is deem ed to hav e been sub mitted to th e co mmi ssio ne r. In add itio n to the Ann ual Sta te men t, an actua rial opini on a nd manag e men t d is cu ssi on an d analys is mus t be fil ed w ith th is D ep ar tm ent on March 1 an d Ap ril 1 resp ecti vely. Also, unl es s sp ecif ica ll y req uest ed, acc re di ted re in su rers are n ot requi red to fi le q uart er ly sta tem en ts with this Depar tme nt. A co py of th e c omp an y’s in dep end en t aud i t rep o rt fo r the year ended Dece mb er 31, 2 022 mus t be fi l ed w it h the Commi ss ion er by June 1, 2023. I n the cas e o f re ins ur ers main tain in g tr ust fun ds tha t are ap pr oved via sect ion 3 8a- 88 - 4 of th e Conn ect icu t I nsur an ce Dep a rtm ent Reg ulati on s, if an i nd ep end en t a ud it rep o rt is un ava ilab le, an a nn ual repo rt i s a cc ept ab le. A list of insure rs do mic ile d in the Sta te of Con ne ct icu t ced ing bu sine s s to the accre dit ed rein su re r as of Dec emb er 31, 202 2 must be filed with the Dep artm en t. The Depar tme nt req uir es all acc red it ed rein sur er s to subm it any add iti on s or dele tio ns from the list to the attent ion of the und ers ign ed w ith in fo rt y-f iv e (45) day s aft er the close o f e ac h q ua rte r. The truste e of the rein sura nc e tru st fo r co mpa ni es ap prove d via s ect ion 38a- 88 -4 of the Reg ula tio ns of Co nn ect icu t Sta te Age nci es is req ui red to file on or bef ore March 1, in writi ng, docu ments detai ling the ba l anc e in the trust and a list in g of the trust ’s inves tments as of Dece mb er 31, 20 22. I n a ddit ion, th e tr uste e sh ou ld c ert if y the dat e o f te rmin ati on of the tr ust, i f s o pla nn ed, or cer tify that th e tr u st wil l no t ex pire prior to De cem ber 31, 202 3. www.ct.go v/cid P.O. Box 8 16 Har tford, CT 0614 2-0816 Affirm ative Action /Equal Emp loymen t Opportunity Employer

_ _________________ ________ In reg ard to ap pro ved no n- aff ili ate d rein sura n ce po ols, po ol manag ers sh oul d direc t com pani es par t icip a ting in s uch po ols t ha t a re no t licen s ed i n th is sta te to f ile a co py of t he ir A nn ual Sta tem ent with t hi s D e part m en t. All mai l, incl ud ing certif ie d an d regist er ed ma il, sho uld be se nt to the Finan ci al Re gu latio n Div isio n, a t th e fol lowin g a ddres s: P. O. B ox 816 Har tfo rd, C T 06 14 2- 081 6 Mail sent by a priv a te d el ive ry serv ic e sh ou ld b e sen t dire ct ly t o ou r add res s: 153 Marke t S tre et, 7th F loor Har tfo rd, C T 06 10 3 If you have any questions on this, you m ay contact t he Financial Regulation Division at (860) 297-3814 or ctinsdept. financial@ct.gov. Andrew N. Mais Insurance Commissi oner