N.M. Admin. Code § 13.10.14.11 - MINIMUM STANDARDS FOR CLAIM RESERVES FOR ALL OTHER BENEFITS
A.
Interest. The maximum interest rate for claim reserves is specified in
13.10.14.24 NMAC.
B.
Morbidity or other
contingency. The reserve should be based on the insurer's experience, if
such experience is considered credible, or upon other assumptions designed to
place a sound value on the liabilities.
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No prior version found.