N.Y. Comp. Codes R. & Regs. tit. 11 § 103.1

Current through Register Vol. 46, No. 53, December 31, 2024

Section 103.1 - Purpose

The purposes of this Part are to:

(a) adopt the valuation manual and exercise the superintendent's authority, pursuant to Insurance Law section 4217(g), to deviate, through regulation, from the reserve standards, valuation methods, assumptions, and related requirements in the valuation manual; and

(b) prescribe rules for valuing statutory reserves subject to the requirements of the valuation manual.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 103.1

Adopted New York State Register May 15, 2019/Volume XLI, Issue 20, eff. 5/15/2019

Amended and Renumbered to 103.2 New York State Register February 26, 2020/Volume XLII, Issue 08, eff. 2/26/2020