# Insurance (GIN)

## Title 5. Assets, Liabilities, Reserves, and Investments of Insurers

### Subtitle 2. Reserves

#### Section 5-203

(a) An insurer shall maintain active life reserves for all health insurance policies.

(b) The active life reserves:

  (1) shall place a sound value on the insurer's liabilities under the health insurance policies;

  (2) may not be less than the reserves required by the appropriate standards set forth in regulations that the Commissioner adopts; and

  (3) in the aggregate, may not be less than the pro rata gross unearned premiums for the health insurance policies.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)