Reserves

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 3 of the Code of Virginia, titled “Reserves.” It is part of Chapter 13 “Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents”, which is part of Title 38.2 “Insurance”. It contains 7 laws.

It’s comprised of the following 7 sections.

§ 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§ 38.2-1316 Repealed