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Tex. Insurance Code § 491.052

COMPUTATION OF REINSURANCE RESERVES FOR CERTAIN INSURERS

Texas · Texas Insurance Code · Status: effective

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Tex. Insurance Code § 491.052, COMPUTATION OF REINSURANCE RESERVES FOR CERTAIN INSURERS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/678012
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(a) On December 31 of each year, or as soon as practicable after that date, the department shall, in accordance with Section 491.051, compute the reinsurance reserve for all unexpired risks of each insurer organized under the laws of this state or engaged in the business of insurance in this state. (b) This section does not apply to: (1) life insurance; (2) fire insurance; (3) marine insurance; (4) inland marine insurance; (5) lightning insurance; or (6) tornado insurance.