Basic reserves definition

Basic reserves means reserves calculated in accordance with the principles of s. 623.06 (3), Stats.

Basic reserves means reserves calculated in accordance with Iowa Code section 508.36(6).

Basic reserves means reserves calculated in accordance with G.S. 58-58-50(d).

Examples of Basic reserves in a sentence

• Basic reserves for the secondary guarantees shall be the segmented reserves for the secondary guarantee period.

• Basic reserves may not be less than the tabular cost of insurance for the balance of the policy year, if mean reserves are used.

• Basic reserves shall be calculated as the greater of the segmented reserves and the unitary reserves.

• Basic reserves may not be less than the tabular cost of insurance for the balance of the current modal period or to the paid-to-date, if later, but not beyond the next policy anniversary, if mid-terminal reserves are used.

• Basic reserves may not be less than the tabular cost of insurance for the balance of the current modal period or to the paid to date, if later, but not beyond the next policy anniversary, if mid-terminal reserves are used.

More Definitions of Basic reserves

Basic reserves means reserves calculated in accordance with 18 Del.C. §1113(c).

Basic reserves means reserves cal-

Basic reserves means reserves calculated in accordance with Neb.Rev.Stat. §44-404(d).

Basic reserves means reserves calculated in accordance with Section 625.121(7), Florida Statutes.

Basic reserves means reserves cal- culated pursuant to section 376.380.1(2)(b), RSMo.

Basic reserves means reserves calculated in accordance with Section 31A-17-504.

Basic reserves means reserves calculated in accordance with subsection 431:5-307(h), HRS.