Wyo. Code R. 044-0002-48
General Agency, Board or Commission Rules
Chapter 48: Valuation of Securities and Other Investments
Effective Date: 06/28/1993 to 12/31/1996
Rule Type: Superceded Rules & Regulations
Reference Number: 044.0002.48.06281993
Date Filed 06/28/93
Expr Date
Supr Date
Repeal Date
Document Type RULES
Effective June 28, 1993
(Section) 1 Authority This regulation governing valuation of securities and other investments is promulgated by the authority of and pursuant to the Wyoming Administrative Procedure Act, W.S. 16-3-101 through 16-3-116, W.S. 26-2-110, and W.S. 26-6-301 and 302.
(Section) 2 Purpose The purpose of this regulation is to protect
the consumers of insurance in the state of Wyoming by creating fair and equitable standards for valuing securities and other investments owned by insurance companies, thereby ensuring that insurance companies meet minimum solvency standards.
(Section) 3 Valuation of Securities
All securities owned by insurers shall be valued in accordance with the most recent standards promulgated by the National Association of Insurance Commissioners' Securities Valuation Office.
(Section) 4 Valuation of other Investments
Other invested assets of insurance companies shall be valued in accordance with the most recent procedures promulgated by the National Association of Insurance Commissioners.
(Section) 5 Effective Date This regulation becomes effective immediately upon filing with the Secretary of State.