Pursuant to T.C.A. § 56-2-208(b)(2), the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.

Authority: T.C.A. §§ 56-2-208(1), 56-2-208(b)(2), 56-2-209(e), and 56-2-301. Administrative History: Original rule filed October 5, 1995; effective December 19, 1995. Repeal and new rules filed March 2, 2018; effective May 31, 2018.