(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.