The contingency reserve established and maintained as required by Section 12640.04 of the Insurance Code shall be reported in the annual statement as a liability, but this requirement shall not affect the computation of the amount of mortgage guaranty insurance which may be written in accordance with the provisions of Sections 12640.05 or 12640.08 of the Insurance Code.
Cal. Code Regs. Tit. 10, § 2510.4