NRS 681B.0055 “Principle-based valuation” defined.
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NRS 681B.0055 “Principle-based valuation” defined. “Principle-based valuation” means a reserve valuation that uses one or more methods or one or more assumptions determined by the insurer and is required to comply with NRS 681B.360 , 681B.370 and 681B.380 , and as may further be specified in the Valuation Manual .