11 NCAC 11F .0206           REINSURANCE

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;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 20, 2015.