West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-48 - Life And Health Reinsurance Agreements
Section 114-48-1 - General

Universal Citation: 114 WV Code of State Rules 114-48-1

Current through Register Vol. XLI, No. 38, September 20, 2024

1.1. Scope. -- This rule shall apply to all domestic life and accident and sickness insurers and to all other licensed life and accident and sickness insurers which are not subject to a substantially similar rule in their domiciliary state. This rule shall also similarly apply to licensed property and casualty insurers with respect to their accident and sickness business. This rule shall not apply to assumption reinsurance, yearly renewable term reinsurance or certain nonproportional reinsurance such as stop loss or catastrophe reinsurance.

1.2. Authority. -- This rule is issued under the authority of W. Va. Code ''33-4-15b(h) and 33-2-10.

1.3. Filing Date. -- May 16, 1997.

1.4. Effective Date. -- May 16, 1997.

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