# Wyo. Stat. § 26-3-108: Capital and surplus requirements

> Wyoming · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-108

## Section

- **Citation:** Wyo. Stat. § 26-3-108
- **Heading:** Capital and surplus requirements
- **Jurisdiction:** Wyoming
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Wyoming Code / Title 26 / Chapter 3 / Section 26-3-108

## Text

(a) To qualify for authority to transact any kind of insurance as defined in chapter 5 or combination of kinds of insurance as specified in this subsection, a foreign insurer, or a domestic stock insurer applying for its certificate of authority, shall possess and thereafter maintain unimpaired basic paid-in capital stock and surplus, if a stock insurer, or unimpaired basic surplus, if a foreign mutual insurer or foreign reciprocal insurer, in an amount not less than as follows:

Foreign Foreign

Kind or

Mutual Reciprocal

kinds of Stock Insurers Insurers Insurers

insurance Capital Stock Surplus Surplus Surplus

________________________________________________________________

Life $1,000,000. $500,000. $1,500,000.

Disability 1,000,000. 500,000. 1,500,000. 1,500,000.

Life &

Disability 1,000,000. 1,000,000. 2,000,000.

Property 1,000,000. 1,000,000. 2,000,000. 2,000,000.

Casualty

Excluding

Surety 1,000,000. 1,000,000. 2,000,000. 2,000,000.

Including

Surety 1,000,000. 1,500,000. 2,500,000. 2,500,000.

Marine &

Transportation 1,000,000. 1,000,000. 2,000,000. 2,000,000.

Multiple

line

(Property

and any

additional

kind) 2,000,000. 2,000,000. 4,000,000. 4,000,000.

Title 500,000. 250,000.

(b) Capital and surplus requirements are based upon all the kinds of insurance the insurer transacts in any areas in which it operates or proposes to operate, whether or not only a portion of the kinds are to be transacted in Wyoming.

(c) As to surplus required for qualification to transact one (1) or more kinds of insurance and thereafter to be maintained, domestic mutual insurers are governed by chapter 24 of this code and domestic reciprocal insurers are governed by chapter 27 of this code.

(d) The commissioner may require additional capital and surplus above the minimum capital and surplus requirements set forth in this section, or any other section of this code based upon the type, volume and nature of the insurance business transacted.

## Nearby sections

- [Wyo. Stat. § 26-3-101 Certificate of authority required](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-101.md)
- [Wyo. Stat. § 26-3-102 When certificate not required](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-102.md)
- [Wyo. Stat. § 26-3-103 General qualifications for authority to transact business](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-103.md)
- [Wyo. Stat. § 26-3-104 Insurers not qualified to transact business in state; credit and investigation reports](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-104.md)
- [Wyo. Stat. § 26-3-105 Qualification of new foreign insurers](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-105.md)
- [Wyo. Stat. § 26-3-106 Conflict of names prohibited](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-106.md)
- [Wyo. Stat. § 26-3-107 § 26-3-107. Insurer may be authorized to transact combination of kinds of insurance; exceptions](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-107.md)
- [Wyo. Stat. § 26-3-108 Capital and surplus requirements](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-108.md)
- [Wyo. Stat. § 26-3-109 § 26-3-109. Delayed compliance with capital and surplus requirements](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-109.md)
- [Wyo. Stat. § 26-3-110 § 26-3-110. Additional kinds of insurance authorized for certain insurers](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-110.md)
- [Wyo. Stat. § 26-3-111 Deposit required of insurers](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-111.md)
- [Wyo. Stat. § 26-3-112 Certificate of authority; application; contents of application](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-112.md)
- [Wyo. Stat. § 26-3-113 Certificate of authority; issuance; contents; delivery](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-113.md)
- [Wyo. Stat. § 26-3-114 Certificate of authority; continuation; expiration; reinstatement](https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-114.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WY_T26_C3_S26-3-108. Check the current official text before relying on it. Not legal advice.