Ind. Code § 27-1-12.1-12 – Purchase of reinsurance | Midpage
§ 12
Ind. Code § 27-1-12.1-12
Purchase of reinsurance
As added by P.L.11-2011, SEC.7.
A limited purpose subsidiary may, upon approval of the commissioner, purchase reinsurance to cede the reinsurance risks assumed by the limited purpose subsidiary.