Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 280 - RULES ESTABLISHING STANDARDS FOR LIFE, ANNUITY, AND ACCIDENT AND SICKNESS REINSURANCE AGREEMENTS
Section 14VAC5-280-70:2 - EXHIBIT 2. SAMPLE FORMULA FOR DETERMINING RESERVE INTEREST RATE ADJUSTMENT
Universal Citation: 4 VA Admin Code 5-280-70-2
Current through Register Vol. 41, No. 3, September 23, 2024
(Terms and data are as defined in the NAIC Annual Statement blank)
| Rate = | 2 (I + CG) |
| X + Y - I - CG |
Where: I is the net investment income
CG is realized and unrealized capital gains less realized and unrealized capital losses
X is the current year cash and invested assets plus investment income due and accrued less borrowed money
Y is the same as X but for the prior year
Disclaimer: These regulations may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
