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THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF CONSUMER AFFAIRS AND BUSINESS REGULATION DIVISION OF INSURANCEREPORT OF EXAMINATION OF THEN EW ENGLAND LIFE INSURANCE COMPANY Boston, Massachusetts As of

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What is naic group code 0241?

Naic group code 0241 refers to a specific classification code used by the National Association of Insurance Commissioners (NAIC) to identify insurance companies within a particular group.

Who is required to file naic group code 0241?

Insurance companies that fall under the classification of naic group code 0241 are required to file this code with the NAIC.

How to fill out naic group code 0241?

To fill out naic group code 0241, insurance companies need to provide the necessary information related to their group classification as mandated by the NAIC. This includes details about the group's structure, operations, subsidiaries, and financial information.

What is the purpose of naic group code 0241?

The purpose of naic group code 0241 is to create a standardized classification system that allows for efficient regulatory oversight and analysis of insurance groups and their operations. It helps in monitoring the financial health, solvency, and risk exposure of these groups.

What information must be reported on naic group code 0241?

Insurance companies filing naic group code 0241 must report various information, including details about the group's structure, financial standing, risk management practices, affiliated entities, and any significant transactions or events that may impact the group's financial position.

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