Texas Administrative Code
Title 28 - INSURANCE
Part 1 - TEXAS DEPARTMENT OF INSURANCE
Chapter 3 - LIFE, ACCIDENT, AND HEALTH INSURANCE AND ANNUITIES
Subchapter Q - ACTUARIAL OPINION AND MEMORANDUM REGULATION
Section 3.1601 - Purpose
Universal Citation: 28 TX Admin Code § 3.1601
Current through Reg. 50, No. 13; March 28, 2025
The purpose of this subchapter is to prescribe guidelines and standards for the activities described in paragraphs (1) - (3) of this section:
(1) the submission of a statement of actuarial opinion in accordance with Insurance Code § 425.054 and for memoranda in support of such opinion;
(2) the appointment of an appointed actuary; and
(3) guidance as to the meaning of "adequacy of reserves."
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