- 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.
[13.10.14.11 NMAC - Rp 13 NMAC 10.14.11, 10-1-03]