Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 320 - RULES ESTABLISHING MINIMUM RESERVE STANDARDS FOR INDIVIDUAL AND GROUP ACCIDENT AND SICKNESS INSURANCE CONTRACTS
Section 14VAC5-320-60 - Reinsurance
Universal Citation: 4 VA Admin Code 5-320-60
Current through Register Vol. 41, No. 3, September 23, 2024
Increases to, or credits against reserves carried, arising because of reinsurance assumed or reinsurance ceded, must be determined in a manner consistent with these minimum reserve standards and with all applicable provisions of the reinsurance contracts which affect the company's liabilities.
Statutory Authority
§§ 12.1-13, 38.2-223, 38.2-1311 and 38.2-1314 of the Code of Virginia.
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