Tex. Ins. Code § 424.207

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 424.207 - Ability to Demonstrate Hedging Characteristics and Effectiveness

An insurer must be able to demonstrate to the commissioner on request the intended hedging characteristics and continuing effectiveness of a derivative transaction or combination of transactions through:

(1) cash flow testing;

(2) duration analysis; or

(3) other appropriate analysis.

Tex. Ins. Code § 424.207

Added by Acts 2005, 79th Leg., Ch. 727, Sec. 1, eff. 4/1/2007.