18 Del. Admin. Code § 302-8.0

Current through Register Vol. 28, No. 5, November 1, 2024
Section 302-8.0 - Certification of Life, Health and Annuity Insurance Reserves, Loss Reserves and Loss Expense Reserves
8.1 The annual report shall include an opinion certifying as to the adequacy of the company's life, health, or annuity insurance reserves, or its loss reserves and loss expense reserves.
8.2 The individual who certifies as to the adequacy of reserves shall be approved by the Commissioner and shall be a Fellow of the Casualty Actuarial Society, a Fellow of the Society of Actuaries, a member in good standing of the American Academy of Actuaries, a member of any other member organization of the International Actuarial Association, or an individual who has demonstrated to the Commissioner his competence in loss reserve evaluation.
8.3 Certification shall be in such form as the Commissioner deems appropriate.

18 Del. Admin. Code § 302-8.0