Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 12 - CREDIT FOR REINSURANCE
Section 836-012-0331 - Existing Agreements
Universal Citation: OR Admin Rules 836-012-0331
Current through Register Vol. 63, No. 9, September 1, 2024
For purposes of an insurer's statutory financial statement filings, each insurer subject to OAR 836-012-0300 to 836-012-330 shall reduce to zero any reserve credits or assets established with respect to reinsurance agreements entered into prior to November 9, 1995 that, under the provisions of 836-012-0300 to 836-012-330 as amended, would not be entitled to recognition of the reserve credits or assets.
Stat. Auth.: ORS 731.244 & ORS 731.508
Stats. Implemented: ORS 731.508(6)
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