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 3.1608 - Asset Adequacy Analysis Exemption

Universal Citation: 28 TX Admin Code § 3.1608

Current through Reg. 50, No. 13; March 28, 2025

(a) Companies that do business only in Texas and no other state are not required to perform the asset adequacy analysis required by § 3.1605 of this title (relating to General Requirements) unless required by the commissioner pursuant to § 3.1603 of this title (relating to Commissioner Discretion).

(b) Companies exempted under subsection (a) of this section shall submit with the annual statement an actuarial opinion pursuant to this subchapter but not based on an asset adequacy analysis.

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