Chapter 60L — Requirements

60L.01 Definitions This section defines key terms used in Minnesota's life insurance investment laws. It explains what words like 'admitted … 60L.02 Requirements This section sets the basic rules for how life insurance companies in Minnesota must invest their money. It requires … 60L.03 Minimum Financial Security Benchmark This section lists the types of investments that life insurance companies are allowed to make. It covers government … 60L.04 Authorized Investments This section sets rules for life insurance companies investing in bonds, notes, and other debt obligations. It covers … 60L.05 Prudence Evaluation Criteria This section governs how life insurance companies can invest in stocks and other equity interests. It sets limits on how … 60L.06 Insurer Investment Policy This section covers the rules for life insurance companies investing in real estate. It sets limits on how much property … 60L.07 Authorized Classes of Investments This section sets the rules for life insurance companies making mortgage loans. It covers the types of mortgage loans … 60L.08 Limitations Generally Applicable This section covers loans that life insurance companies make against their own policies. Policyholders can borrow … 60L.09 Protection Against Currency Fluctuations This section allows life insurance companies to engage in securities lending and repurchase agreements under certain … 60L.10 Prohibited Investments This section governs how life insurance companies can use derivative instruments like options, futures, and swaps. It … 60L.11 Effect of Investment Restrictions This section sets rules and limits for life insurance companies investing in assets outside the United States. It … 60L.12 Reports and Replies This section prevents life insurance companies from putting too much of their money in any single investment or with any … 60L.13 Retention of Experts This section allows life insurance companies to participate in investment pools with other insurers, subject to certain … 60L.14 Commissioner's Orders This section contains general provisions that apply to all life insurance company investments in Minnesota. It covers … 60L.15 Administrative Hearings This section handles the transition to the updated investment rules by explaining how existing investments are treated …