Tex. Ins. Code § 491.052 · Subchapter B. COMPUTATION OF REINSURANCE RESERVE
COMPUTATION OF REINSURANCE RESERVES FOR CERTAIN INSURERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.491.htm
- Text hash
- sha256 d4594252fd72f9bca4ea6afeb2189ff927a62090d91e4641220ed39e02c9ad20
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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