- (a) A written description of the claim reserve methodology and a numerical verification of the claim reserves submitted in 11 NCAC 16 .0704(d) shall be included with each annual filing.
- (b) Each annual filing shall contain an actuarial certification signed by an actuary stating that the actuary has examined the claim reserves listed in Schedule ‑ H, Section II, and affirms that these claim reserves are calculated in accordance with generally accepted actuarial principles and practices and in the actuary's opinion are adequate.
History Note: Authority G.S. 58‑2‑40; 58‑67‑135(b);
Eff. February 1, 1995;
Readopted Eff. October 1, 2018.