Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 132.00 - Actuarial Opinion And Memorandum Regulation
Section 132.01 - Purpose

Universal Citation: 211 MA Code of Regs 211.132

Current through Register 1531, September 27, 2024

The purpose of 211 CMR 132.00 is to prescribe:

(1) Requirements for statements of actuarial opinion that are to be submitted in accordance with M.G.L. c. 175, § 9B, and for memoranda in support thereof;

(2) Rules applicable to the appointment of an appointed actuary; and

(3) Guidance as to the meaning of "adequacy of reserves".

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