NAC681B.175. Requirements for asset adequacy analysis.

Latest version.

     1. An asset adequacy analysis must:

     (a) Conform to the “Actuarial Standards of Practice” adopted from time to time by the Actuarial Standards Board and any additional standards set forth in NAC 681B.100 to 681B.245, inclusive; and

     (b) Be based on the methods of analysis deemed appropriate by the Actuarial Standards Board.

     2. The standards described in subsection 1 must be used to form the basis of the opinion of a qualified actuary required pursuant to NRS 681B.220.

(Added to NAC by Comm’r of Insurance, eff. 5-23-96)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');