Illinois Administrative Code
Title 50 - INSURANCE
Part 1104 - CREDIT FOR REINSURANCE CEDED
Section 1104.20 - Credit for Reinsurance - Reinsurer Licensed in this State
Universal Citation: 50 IL Admin Code ยง 1104.20
Current through Register Vol. 48, No. 12, March 22, 2024
Pursuant to Section 173.1(1)(A) of the Code, the Director shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers which were licensed in this State as of the date of the ceding insurer's most recent statutory financial statement.
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