Increases to or credits against reserves held that arise because of reinsurance assumed or reinsurance ceded must be determined in a manner consistent with OAR 836-031-0200 to 836-031-0300 and also with all applicable provisions of the reinsurance contracts that affect the liabilities of the insurer.

Statutory/Other Authority

ORS 731.244 & 733.080

Statutes/Other Implemented

ORS 733.080

History

ID 7-1995, f. & cert. ef. 11-15-95