L&HGeorgiahard
Under Georgia's Standard Valuation Law (O.C.G.A. § 33-10-13), which mortality table and reserving methodology applies to most life insurance policies issued in Georgia today?
The 2017 CSO mortality table with principle-based reserving (PBR) for covered products
BThe 1958 CSO Table with full preliminary term reserving only
CNo mortality table; reserves are set entirely at the insurer's discretion
DThe 1980 CSO table is required without exception for all in-force and new business
Why this is the answer
O.C.G.A. § 33-10-13 is Georgia's Standard Valuation Law, which adopts the NAIC Valuation Manual and the 2017 Commissioners Standard Ordinary (CSO) mortality table for most newly issued life policies. The law also implements principle-based reserving (PBR), under which reserves are computed using stochastic and deterministic scenarios reflecting the insurer's actual experience. PBR replaces the older formulaic CRVM approach for many covered products.
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