Haw. Code R. § 16-170-1.5 - Definitions
As used in this chapter:
"Material transaction" means an insurer's acquisition or disposition of assets or the nonrenewal, cancellation, or revision of a ceded reinsurance agreement or a new ceded reinsurance agreement affecting in force life insurance business. A material transaction subject to the reporting requirements is identified in sections 16-170-2 and 16-170-3.
Notes
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