Utah Administrative Code (Current through November 1, 2019) |
R590. Insurance, Administration |
R590-162. Actuarial Opinion and Memorandum Rule |
R590-162-1. Purpose
Latest version.
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The purpose of this rule is to prescribe:
A. Requirements for statements of actuarial opinion which are to be submitted in accordance with Section 31A-17-503, and for memoranda in support thereof;
B. Guidance as to the meaning of "adequacy of reserves;" and
C. Rules applicable to the appointment of an appointed actuary.