Credit is allowed for reinsurance ceded by a domestic insurer to an assuming insurer that does not meet the requirements of this rule but only for the insurance of risks located in a reciprocal jurisdiction defined in Subsection R590-173-3(12), where the reinsurance is required by the laws of that jurisdiction.

KEY: insurance

Date of Last Change: July 29, 2022

Notice of Continuation: June 21, 2022

Authorizing, and Implemented or Interpreted Law: 31A-2-201