Chapter 13. Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General AgentsRead Chapter
- Article 1. Annual Statements and Other ReportsRead all
- § 38.2-1300
- Annual statements
- § 38.2-1301
- Additional reports
- § 38.2-1301.1
- Material transaction disclosures
- § 38.2-1302
- Extension of filing time
- § 38.2-1303
- Printed forms to be filed by insurers; certificates to domestic insurers
- § 38.2-1304
- False statements, reports, etc., deemed a Class 5 felony
- § 38.2-1305
- Voluntary reports
- § 38.2-1306
- Reports to be open to public inspection
- § 38.2-1306.1
- Insurance companies' analyses confidential
- Article 2. Valuation and Admissibility of AssetsRead all
- § 38.2-1306.2
- Valuation of investments and other assets
- § 38.2-1306.3
- Nonadmitted assets
- § 38.2-1307
- Repealed
- § 38.2-1310
- Repealed
- § 38.2-1310.1
- Repealed
- Article 3. ReservesRead all
- § 38.2-1311
- Valuation reserves
- § 38.2-1312
- Unearned premium reserves
- § 38.2-1313
- Loss records
- § 38.2-1314
- Loss or claim reserves
- § 38.2-1315
- Mortgage guaranty insurance contingency reserve
- § 38.2-1315.1
- Actuarial statements of opinion, reports, memoranda, and summaries
- § 38.2-1316
- Repealed
- Article 3.1. ReinsuranceRead all
- § 38.2-1316.1
- Definitions
- § 38.2-1316.2
- Credit allowed a domestic ceding insurer
- § 38.2-1316.3
- Repealed
- § 38.2-1316.4
- Credit allowed any ceding insurer
- § 38.2-1316.5
- Repealed
- § 38.2-1316.7
- Rules and regulations
- § 38.2-1316.8
- Reinsurance agreements affected
- Article 4. ExaminationsRead all
- § 38.2-1317
- Examinations; when authorized or required
- § 38.2-1317.1
- Examinations; nature and scope
- § 38.2-1317.2
- Market analyses confidential
- § 38.2-1318
- Examinations; how conducted
- § 38.2-1319
- Expense of examination
- § 38.2-1320
- Examination reports; general description
- § 38.2-1320.1
- Submission of examination report
- § 38.2-1320.2
- Filing of report on examination
- § 38.2-1320.3
- Examination reports; orders and procedures
- § 38.2-1320.4
- Publication and use of examination reports
- § 38.2-1320.5
- Confidentiality of ancillary information
- § 38.2-1321
- Records of examination preserved
- § 38.2-1321.1
- Immunity from liability
- Article 5. Insurance Holding CompaniesRead all
- § 38.2-1322
- Definitions
- § 38.2-1323
- Acquisition of control of insurers
- § 38.2-1324
- Contents of application
- § 38.2-1325
- Alternate filing materials
- § 38.2-1326
- Approval by Commission
- § 38.2-1327
- Time for hearing; order of Commission
- § 38.2-1328
- Exemption
- § 38.2-1329
- Registration of insurers that are members of holding company system
- § 38.2-1330
- Standards for transactions within an insurance holding company system; adequacy of surplus
- § 38.2-1330.1
- Dividends and other distributions
- § 38.2-1331
- Repealed
- § 38.2-1332
- Examinations
- § 38.2-1332.1
- Supervisory colleges
- § 38.2-1332.2
- Group-wide supervision of internationally active insurance groups
- § 38.2-1333
- Confidential treatment of information and documents
- § 38.2-1334
- Revocation, suspension, or nonrenewal of insurer's license
- § 38.2-1334.1
- Voting of securities, injunctions, and sequestration of voting securities
- § 38.2-1334.2
- Recovery
- § 38.2-1334.2:1
- Rules and regulations
- § 38.2-1334.2:2
- Sanctions
- § 38.2-1334.2:3
- Statutory construction and relationship to other laws
- Article 5.1. Risk Management Framework; Own Risk and Solvency AssessmentsRead all
- § 38.2-1334.3
- Definitions
- § 38.2-1334.4
- Risk management framework
- § 38.2-1334.5
- ORSA requirement
- § 38.2-1334.6
- ORSA summary report
- § 38.2-1334.7
- Scope of article; exemption
- § 38.2-1334.8
- Contents of ORSA summary report
- § 38.2-1334.9
- Confidentiality
- § 38.2-1334.10
- Sanctions
- Article 5.2. Corporate Governance Annual DisclosuresRead all
- § 38.2-1334.11
- Definitions
- § 38.2-1334.12
- Disclosure requirement
- § 38.2-1334.13
- Contents of Corporate Governance Annual Disclosure
- § 38.2-1334.14
- Confidentiality
- § 38.2-1334.15
- NAIC and third-party consultants
- § 38.2-1334.16
- Rules and regulations
- § 38.2-1334.17
- Sanctions
- Article 6. Subsidiaries of Insurance CompaniesRead all
- § 38.2-1335
- Definitions
- § 38.2-1336
- Subsidiaries of insurers
- § 38.2-1337
- Disclaimer of control
- § 38.2-1338
- Applicability
- § 38.2-1339
- Exemptions
- § 38.2-1340
- Revocation, suspension, or nonrenewal of insurer's license
- Article 7. Business Transacted with Producer-Controlled Property and Casualty Insurer ActRead all
- § 38.2-1341
- Definitions
- § 38.2-1342
- Applicability
- § 38.2-1343
- Minimum standards
- § 38.2-1344
- Disclosure
- § 38.2-1345
- Penalties
- § 38.2-1346
- Licensure
- Article 8. Licensing of Reinsurance IntermediariesRead all
- § 38.2-1347
- Definitions
- § 38.2-1348
- License requirements
- § 38.2-1349
- Required contract provisions; reinsurance intermediary brokers
- § 38.2-1350
- Books and records; reinsurance intermediary brokers
- § 38.2-1351
- Duties of insurers utilizing the services of a reinsurance intermediary broker
- § 38.2-1352
- Required contract provisions; reinsurance intermediary managers
- § 38.2-1353
- Prohibited acts
- § 38.2-1354
- Duties of reinsurers utilizing the services of a reinsurance intermediary manager
- § 38.2-1355
- Examination authority
- § 38.2-1356
- Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license
- § 38.2-1357
- Requirement to report to Commission
- Article 9. Licensing of Managing General AgentsRead all
- § 38.2-1358
- Definitions
- § 38.2-1359
- Licensure
- § 38.2-1360
- Required contract provisions
- § 38.2-1361
- Duties of insurers utilizing managing general agents
- § 38.2-1362
- Examination authority
- § 38.2-1363
- Penalties and liabilities; grounds for placing on probation, refusal to issue or renew, revocation, or suspension of license
- § 38.2-1364
- Requirement to report to Commission
- Article 10. Standard ValuationRead all
- § 38.2-1365
- Definitions
- § 38.2-1366
- Reserve valuation
- § 38.2-1367
- Actuarial opinion of reserves
- § 38.2-1368
- Minimum valuation standard for policies issued prior to certain dates
- § 38.2-1369
- Computation of minimum standard
- § 38.2-1370
- Computation of minimum standard for annuities
- § 38.2-1371
- Computation of minimum standard by calendar year of issue
- § 38.2-1372
- Reserve valuation method; life insurance and endowment benefits
- § 38.2-1373
- Reserve valuation method; annuity and pure endowment benefits
- § 38.2-1374
- Minimum reserves
- § 38.2-1375
- Optional reserve calculation
- § 38.2-1376
- Reserve calculation; valuation net premium exceeding the gross premium charged
- § 38.2-1377
- Reserve calculation; indeterminate premium plans
- § 38.2-1378
- Minimum standard for accident and health insurance contracts
- § 38.2-1379
- Valuation manual for policies issued on or after the operative date of the valuation manual
- § 38.2-1380
- Requirements of a principle-based valuation
- § 38.2-1381
- Experience reporting for policies in force on or after the operative date of the valuation manual
- § 38.2-1382
- Confidentiality
- § 38.2-1383
- Single state exemption
- § 38.2-1384
- Assessment against insurers whose policies are valued
- § 38.2-1385
- Article not applicable in certain cases
