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ARSD 20:06:30 – Life and Health Reinsurance | Midpage
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Administrative Rules of South Dakota
Title 20
20:06
Chapter 20:06:30
ARSD 20:06:30
Life and Health Reinsurance
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Scope.
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Conditions prohibiting reductions in liability or establishment of assets.
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Certain assets allowed to be held without segregation.
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Formula for determining reserve interest rate adjustment.
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Table of risk categories.
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Prior approval of director required for reserve credits or establishing assets.
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Agreements -- Actuarial information required about financial impact.
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Agreements -- Reporting of surplus increases.
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Execution of agreement, amendment, or letter of intent required.
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Letter of intent -- Time allowed for execution of agreement or amendment.
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Reinsurance agreement -- Required provisions.
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Existing agreements.
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Definitions.
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The actuarial method.
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Adjustments for other reinsurance treaties.
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Valuation used for purposes of calculations.
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Requirements applicable to a covered policy to obtain credit for reinsurance.
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Requirements at inception date and on an on-going basis -- Remediation.
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Exemptions.
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Prohibition against avoidance.
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Applicability.