"Actuarial Opinion" means:
The opinion of an Appointed Actuary regarding the adequacy of the reserves and related actuarial items based on an asset adequacy analysis in accordance with 006 of this regulation and with applicable Actuarial Standards of Practice.
"Actuarial Standards Board" means the board established by the American Academy of Actuaries to develop and promulgate standards of actuarial practice.
"Annual statement" means that statement required by § 44-322 to be filed by the company with the office of the Director annually.
"Appointed actuary" means any individual who is appointed or retained in accordance with the requirements set forth in 005.03 of this regulation to provide the actuarial opinion and supporting memorandum as required by § 44-420 through § 44-425.
"Asset adequacy analysis" means an analysis that meets the standards and other requirements referred to in 005.04 this regulation.
"Director" means the Insurance Director of this State.
"Company" means a life insurance company, fraternal benefit society or reinsurer subject to the provisions of this regulation.
"Qualified actuary" means any individual who meets the requirements set forth in 005.02 of this regulation.
210 Neb. Admin. Code, ch. 69, § 004