Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 760. DEPARTMENT OF INSURANCE |
Article 760IAC1. GENERAL PROVISIONS |
Rule 760IAC1-56. Credit for Reinsurance |
Section 760IAC1-56-4. Reinsurer licensed in Indiana
Latest version.
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Under IC 27-6-10-8, the commissioner of the department of insurance shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers that were licensed in this state as of the date of the ceding insurer's statutory financial statement in which credit for reinsurance is claimed. (Department of Insurance; 760 IAC 1-56-4; filed Nov 14, 1994, 9:50 a.m.: 18 IR 870; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA; readopted filed Nov 26, 2013, 3:43 p.m.: 20131225-IR-760130479RFA; filed Dec 16, 2013, 9:14 a.m.: 20140115-IR-760130006FRA)