Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 05 - ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS
Chapter 31.05.05 - Valuation Standards for Group Annuity and Pure Endowment Contracts
Section 31.05.05.01 - Purpose
Universal Citation: MD Code Reg 31.05.05.01
Current through Register Vol. 51, No. 19, September 20, 2024
The purpose of this chapter is to approve the use of new mortality tables adopted by the National Association of Insurance Commissioners after 1980 as a basis for determining the minimum standards of valuation of annuities and pure endowments purchased under group annuity and pure endowment contracts.
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