Hawaii Administrative Rules
Title 16 - DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS
Chapter 168 - CREDIT FOR REINSURANCE
Section 16-168-8 - Credit for reinsurance required by law

Universal Citation: HI Admin Rules 16-168-8
Current through February, 2024

Pursuant to section 431:4A-101(g), HRS, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of section 431:4A-101(b), (c), (d), (e), (f), or (g), HRS, but only with respect to the insurance of risks located in jurisdictions where such reinsurance is required by the applicable law or regulation of that jurisdiction. As used in this section, "jurisdiction" means any state, district, or territory of the United States and any lawful national government.

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