Requirements for Credit for Reinsurance | Midpage

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Wisconsin Administrative Code

I

Requirements for Credit for Reinsurance

Office of the Commissioner of Insurance

52.005Purpose and intent.52.01Definitions.52.02Credit allowed a licensed ceding insurer.52.025Revocation of accreditation or certification.52.03Insolvency clause and jurisdiction; financial reinsurance disallowed.52.04Reduction from liability for reinsurance ceded by a licensed insurer to an assuming insurer.52.05Trust agreements qualifying for security.52.06Letters of credit.52.065Concentration Risk.52.07Applicability.