Okla. Stat. tit. 36, § 36-311A.8: Audited consolidated or combined financial statements

An insurer may make written application to the Insurance

Commissioner for approval to file audited consolidated or combined

financial statements in lieu of separate annual audited financial

statements if the insurer is part of a group of insurance companies

that utilizes a pooling or one hundred percent (100%) reinsurance

agreement that affects the solvency and integrity of the reserves of

the insurer and the insurer cedes all of its direct and assumed

business to the pool. In such cases, a columnar consolidating or

combining worksheet shall be filed with the report, as follows:

1. Amounts shown on the consolidated or combined audited

financial report shall be shown on the worksheet;

2. Amounts for each insurer subject to this section shall be

stated separately;

3. Noninsurance operations may be shown on the worksheet on a

combined or individual basis;

4. Explanations of consolidating and eliminating entries shall

be included; and

5. A reconciliation shall be included of any differences

between the amounts shown in the individual insurer columns of the

worksheet and comparable amounts shown on the annual statements of

the insurers.