INSURANCE REGULATION 89 ACTUARIAL OPINION AND MEMORANDUM
|Title||230||Department of Business Regulation (includes the Office of the Health Insurance Commissioner)|
|Subchapter||45||Financial Standards and Corporate Operations|
|Part||9||INSURANCE REGULATION 89 ACTUARIAL OPINION AND MEMORANDUM|
|Type of Filing||Amendment|
|Regulation Status||Inactive View Active Rule|
|Effective||08/26/2010 to 08/26/2010|
Regulation Authority :
R.I. Gen. Laws §§ 27-4.5-1 et seq. and 42-14-17.
Purpose and Reason :
The purpose of this Regulation is to prescribe: A. Requirements for statements of actuarial opinion which are to be submitted in accordance with R.I. Gen. Laws § 27-4.5-3, and for memoranda in support thereof; B. Rules applicable to the appointment of an appointed actuary; and C. Guidance as to the meaning of “adequacy of reserves”.