Compilation of Rules and Regulations of the State of Georgia
Department 120 - OFFICE OF COMMISSIONER OF INSURANCE, SAFETY FIRE COMMISSIONER AND INDUSTRIAL LOAN COMMISSIONER
Chapter 120-2 - RULES OF COMMISSIONER OF INSURANCE
Subject 120-2-78 - CREDIT FOR REINSURANCE
Rule 120-2-78-.04 - Credit for ReinsuranceReinsurer Licensed in this State
Universal Citation: GA Rules and Regs r 120-2-78-.04
Current through Rules and Regulations filed through March 20, 2024
Pursuant to O.C.G.A. § 33-7-14(a), 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.
O.C.G.A. § 33-2-9 and O.C.G.A Chapter 33-63.
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