{
  "type": "ZkVmReceipt",
  "system": "risc0",
  "receiptFormat": "groth16-bn254",
  "imageId": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
  "seal": "EFw4KbsmUwc0LmW1T+GGa0R8eehb8PYL3mH5116ulecjXVPow9JC8qQmlQksW6DY05qM97JxMnDeW21gLPLrgSKNCmveZ8x9u6ZDhy01ExCBLUuWA04bky4iipe0xpcXGFwu6oKHZUJ4rVyXNz8bbs4q6zyrzvkwDp7jCRljqJcCmt/Tl5LZS6m9oZYeGT6vK9GHJnJzWl+O06oQfmiXYBjdnTCg83RtmxdKvYBb4STNwtRZBCq+lunlGbv+7wZCExSpvkQzO399O6zzz8i5GZIC1xJ3Aphui8UTBsEDtsYnQUDBNdi9xL0xX+iWUpgCGyH5VpajgaPrPr4n5tp0lg==",
  "journal": {
    "chaingraph_version": "0.4.0",
    "kernel_digest": "sha256:a55fcead8d91066d4678479d0792b6faacc67a98b724625025533952be8d0ec3",
    "output": {
      "action_level_code": "NO_ACTION",
      "action_level_description": "Above 200% ACL — no NAIC regulatory action required.",
      "action_level_label": "No Action Level",
      "action_levels_reference": [
        {
          "code": "MANDATORY_CONTROL",
          "description": "Regulatory takeover authority. State must take action to protect policyholders.",
          "label": "Mandatory Control Level",
          "rbc_pct_acl": 70
        },
        {
          "code": "AUTHORIZED_CONTROL",
          "description": "State authorized but not required to take control.",
          "label": "Authorized Control Level",
          "rbc_pct_acl": 100
        },
        {
          "code": "REGULATORY_ACTION",
          "description": "Detailed corrective action plan required; state can examine/require action.",
          "label": "Regulatory Action Level",
          "rbc_pct_acl": 150
        },
        {
          "code": "COMPANY_ACTION",
          "description": "Company must file RBC plan with comprehensive corrective strategy.",
          "label": "Company Action Level",
          "rbc_pct_acl": 200
        },
        {
          "code": "NO_ACTION",
          "description": "Above 200% ACL — no regulatory action required.",
          "label": "No Action Level",
          "rbc_pct_acl": null
        }
      ],
      "authorized_control_level": 100000000,
      "headroom_to_next_level_pct": 100,
      "insurer_type": "pc",
      "not_legal_advice": "Not legal or actuarial advice. RBC calculations require review by a qualified actuary and the applicable state insurance department. NAIC RBC Ratio is not the sole indicator of insurer solvency.",
      "pii_note": "ZERO PII: capital totals and RBC formula components only. No policyholder, premium, or personal data enters this kernel.",
      "prior_year_rbc_ratio": null,
      "rbc_ratio_pct": 300,
      "regulatory_basis": "NAIC RBC Model Laws #312 (life), #315 (P&C), #315H (health). Action levels: Company Action (200% ACL), Regulatory Action (150%), Authorized Control (100%), Mandatory Control (70%). TAC/ACL calculation follows the applicable NAIC RBC formula for the insurer type.",
      "table_source": "NAIC RBC Instructions (2024 edition): Life RBC (LR023), P&C RBC (Exhibit 1), Health RBC (HR-1). NAIC Model Laws: Life Insurance RBC Model Law #312, P&C RBC Model Law #315, Health RBC Model Law #315H.",
      "table_version": "NAIC-RBC-ACTION-LEVELS-2024",
      "threshold_breached_pct": null,
      "total_adjusted_capital": 300000000,
      "trend_test_applicable": false,
      "trend_test_triggered": false,
      "two_year_rbc_ratio": null
    }
  }
}