Cal. Code Regs. tit. 10 § 2319.3
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
The minimum reserve requirements prescribed in Section 11558 shall be increased whenever the Commissioner determines that the computations set forth in Section 11558 are inadequate as provided by Section 11557. Such increases may be based on individual company experience or reasonable actuarial assumptions in the absence of such experience. The method used by the National Association of Insurance Commissioners for calculating the excess of statutory reserves over statement reserves in the annual statement is adopted for the minimum reserve requires of Section 11558 subject to such individual determination as the Commissioner shall make.
Cal. Code Regs. Tit. 10, § 2319.3