Section 681B.175 - Requirements for asset adequacy analysis1. An asset adequacy analysis must: (a) Conform to the "Actuarial Standards of Practice" adopted from time to time by the Actuarial Standards Board and any additional standards set forth in NAC 681B.100 to 681B.245, inclusive; and(b) Be based on the methods of analysis deemed appropriate by the Actuarial Standards Board.2. The standards described in subsection 1 must be used to form the basis of the opinion of a qualified actuary required pursuant to NRS NRS 681B.220.Nev. Admin. Code § 681B.175
Added to NAC by Comm'r of Insurance, eff. 5-23-96