Current through Register Vol. 1, January 10, 2025
Rule 6.6.4025 - INSURER DOCUMENTATION REQUIREMENTS(1) An insurer shall maintain documents and records relating to each derivative transaction, including: (a) the purpose of the transaction;(b) the assets or liabilities to which the transaction relates;(c) the specific derivative instrument used in the transaction;(d) for over-the-counter derivative instrument transactions, the name of the counterparty and the market value; and(e) for exchange traded derivative instruments, the name of the exchange and the name of the firm that handled the trade and the market value.NEW, 2011 MAR p.1303, Eff. 7/15/11.33-1-313, 33-12-111, MCA; IMP, 33-12-210, 33-12-310, MCA;