Increases to, or credits against reserves carried, arising because of reinsurance assumed or reinsurance ceded, must be determined in a manner consistent with the minimum reserve standards set out in 11 NCAC 11F .0200 and with all applicable provisions of the reinsurance contracts that affect the insurer's liabilities.
11 N.C. Admin. Code 11F .0206
Permanent Rule Becomes Effective, Whichever is Sooner;
Statutory Authority G.S. 58-2-40; 58-58-50(k);
Eff. April 1, 1994;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 20, 2015.
Permanent Rule Becomes Effective, Whichever is Sooner;
Statutory Authority G.S. 58-2-40; 58-58-50(k);
Eff. April 1, 1994.