11 NCAC 11F .0206. REINSURANCE

Latest version.

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.

History Note: Filed as a Temporary Adoption Eff. January 21, 1994 For a Period of 180 Days or Until the

Permanent Rule Becomes Effective, Whichever is Sooner;

Statutory Authority G.S. 58‑2‑40; 58‑58‑50(k);

Eff. April 1, 1994.

                    
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