Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-156 - CREDIT FOR REINSURANCE
Section 482-1-156-.04 - Credit For Reinsurance - Reinsurer Licensed In This State
Universal Citation: AL Admin Code R 482-1-156-.04
Current through Register Vol. 42, No. 11, August 30, 2024
Pursuant to Section 27-5B-4, 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.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-5B-1, et seq. (2013)
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