Article 10 Standard Valuation

This article is comprised of the following sections:
  • §38.2-1365 Definitions
  • §38.2-1366 Reserve valuation
  • §38.2-1367 Actuarial opinion of reserves
  • §38.2-1368 Minimum valuation standard for policies issued prior to certain dates
  • §38.2-1369 Computation of minimum standard
  • §38.2-1370 Computation of minimum standard for annuities
  • §38.2-1371 Computation of minimum standard by calendar year of issue
  • §38.2-1372 Reserve valuation method; life insurance and endowment benefits
  • §38.2-1373 Reserve valuation method; annuity and pure endowment benefits
  • §38.2-1374 Minimum reserves
  • §38.2-1375 Optional reserve calculation
  • §38.2-1376 Reserve calculation; valuation net premium exceeding the gross premium charged
  • §38.2-1377 Reserve calculation; indeterminate premium plans
  • §38.2-1378 Minimum standard for accident and health insurance contracts
  • §38.2-1379 Valuation manual for policies issued on or after the operative date of the valuation manual
  • §38.2-1380 Requirements of a principle-based valuation
  • §38.2-1381 Experience reporting for policies in force on or after the operative date of the valuation manual
  • §38.2-1382 Confidentiality
  • §38.2-1383 Single state exemption
  • §38.2-1384 Assessment against insurers whose policies are valued
  • §38.2-1385 Article not applicable in certain cases