2806.1 Pursuant to § 2(g) of the Law on Credit for Reinsurance Act of 1993 (D.C. Official Code § 31-501(g)), the Commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of § 2(a), (b), (c), (d), or (e) of that Act, but only with respect to the insurance of risks located in jurisdictions where such reinsurance is required by the applicable law or regulation of that jurisdiction. As used in this section, “jurisdiction” means any state, district or territory of the United States and any lawful national government.

SOURCE: Final Rulemaking published at 43 DCR 2318 (May 3, 1996); as amended by Final Rulemaking published at 68 DCR 6518 (June 25, 2021); as amended by Final Rulemaking published at 69 DCR 015557 (December 30, 2022).