New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter IV - Financial Condition Of Insurer and Reports to Superintendent
Subchapter B - Life Insurers
Part 100 - Recognition of The 2001 Cso Mortality Table and the 2017 Cso Mortality Table for Use in Determining Minimum Reserve Liabilities And Nonforfeiture Benefits and Recognition and Application of Preferred Mortality Tables for Use in Determining Minimum Reserve Liabilities
Section 100.5 - Conditions for using the 2001 cso mortality table and the 2017 CSO Mortality Table

(a) For each plan of insurance with separate rates for smokers and nonsmokers an insurer may use:

(b) For plans of insurance without separate rates for smokers and nonsmokers the composite mortality tables shall be used.

(c) For the purpose of determining minimum reserve liabilities and minimum cash surrender values and amounts of paid-up nonforfeiture benefits, the 2001 CSO Mortality Table and the 2017 CSO Mortality Table may, at the option of the insurer for each plan of insurance, be used in its ultimate or select and ultimate form, subject to the restrictions of section 100.6 of this Part and Part 98 of this Title relative to use of the select and ultimate form.

(d) When the 2001 CSO Mortality Table or the 2017 CSO Mortality Table is the minimum reserve mortality standard for any plan for an insurer, the actuarial opinion in the annual statement filed with the superintendent shall be based on an asset adequacy analysis as specified in Part 95 of this Title (Insurance Regulation 126).