NRS 681B.0055
“Principle-based valuation” defined.

“Principle-based valuation” means a reserve valuation that uses one or more methods or one or more assumptions determined by the insurer and is required to comply with NRS 681B.360, 681B.370 and 681B.380, and as may further be specified in the Valuation Manual.

Source: Section 681B.0055 — “Principle-based valuation” defined., https://www.leg.state.nv.us/NRS/NRS-681B.html#NRS681BSec0055.

681B.001
Definitions. 681B.0023
“Accident and health insurance” defined. 681B.0025
“Applicable company” defined. 681B.0027
“Appointed actuary” defined. 681B.0033
“Confidential information” defined. 681B.0036
“Deposit-type contract” defined. 681B.0041
“Life insurance” defined. 681B.0045
“NAIC” defined. 681B.0052
“Policyholder behavior” defined. 681B.0055
“Principle-based valuation” defined. 681B.0059
“Qualified actuary” defined. 681B.0065
“Tail risk” defined.

Last Updated

Jun. 24, 2021

§ 681B.0055’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_681b.0055

Original Source: Section 681B.0055 — “Principle-based valuation” defined., https://www.leg.state.nv.us/NRS/NRS-681B.html#NRS681BSec0055 (last accessed Jun. 24, 2021).

NRS 681B.0055 “Principle-based valuation” defined.

NRS 681B.0055
“Principle-based valuation” defined.