New Jersey Administrative Code
Title 11 - INSURANCE
Chapter 2 - INSURANCE GROUP
Subchapter 28 - CREDIT FOR REINSURANCE
Section 11:2-28.3 - Reinsurer licensed in New Jersey
Universal Citation: NJ Admin Code 11:2-28.3
Current through Register Vol. 56, No. 24, December 18, 2024
An insurer shall be permitted to take a credit for reinsurance ceded to an assuming insurer where the assuming insurer is licensed to transact business in this State as of the date of the ceding insurer's statutory financial statement, except as limited in accordance with N.J.A.C. 11:2-27.
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