Commercially Domiciled Reports

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News: Commercially Domiciled Report

Annual Financial Statement As of	Type of Business
12/31/2012	Life/Health and Property & Casualty

Note: The report is in PDF Adobe Acrobat format.

Below is the formula to calculate whether a foreign company is commercially domiciled (CIC Section 1215.14(a)):

Condition	Description
[1]	Total three (3) preceding years* (California DPW)
[2]	Total three (3) preceding years* (State of Domicile DPW)
[3]	Total three (3) preceding years* (U.S. DPW)

Commercially Domiciled: If ([1] > [2]) and ([1] >= [3]*33%)

Note: DPW - Direct Premiums Written; ">" - greater than; ">=" - greater than or equal
"*" - Or Total of lesser period in which the company is licensing in California