New Mexico Statutes Chapter 59A. Insurance Code § 59A-8-4. Liabilities, in general

A. the amount of its capital stock outstanding, if any;

B. the amount, estimated to be consistent with the provisions of the Insurance Code, necessary to pay all of its unpaid losses and claims incurred on or prior to date of the statement whether reported or unreported, together with the expense of adjustment or settlement thereof;

C. as to life insurance policies and annuity contracts, and disability and accidental death benefits in or supplemental thereto:

D. as to health insurance policies, the reserves required under Section 59A-8-7 NMSA 1978;

E. as to insurance other than referred to in Subsections C and D of this section, and other than title insurance, the amount of unearned premium reserves computed in accordance with Sections 59A-8-9 and 59A-8-10 NMSA 1978;

F. taxes, expenses and other obligations due or accrued at date of the statement; and

G. liability to agents for commissions contingent on collection of premium shall not be construed as a liability.