Connecticut Administrative Code
Title 38a - Insurance Department
78 - Connecticut Standard Valuation Law Actuarial Opinion and Memorandum
Section 38a-78-1 - Purpose

Current through March 14, 2024

The purpose of sections 38a-78-1 to 38a-78-9, inclusive, of the Regulations of Connecticut State Agencies is to prescribe:

(a) requirements for statements of actuarial opinion that are to be submitted in accordance with subsection (b) of section 38a-78 of the Standard Valuation Law, and for memoranda in support thereof;

(b) rules applicable to the appointment of an appointed actuary; and

(c) guidance as to the meaning of "adequacy of reserves".

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