Pa. Code tit. 31, pt. VIII, ch. 163 - REQUIREMENTS FOR FUNDS HELD AS SECURITY FOR THE PAYMENT OF OBLIGATIONS OF UNLICENSED, UNQUALIFIED REINSURERS

  1. § 163.1 - Definitions
  2. § 163.2 - Purpose
  3. § 163.3 - Scope
  4. § 163.4 - Funds held in trust
  5. § 163.5 - General requirements for trust agreements
  6. § 163.6 - Requirements for assets held in trust accounts
  7. § 163.7 - Duties and responsibilities of trustees
  8. § 163.8 - Resignation or removal of trustee
  9. § 163.9 - Termination of trust agreements
  10. § 163.10 - Permitted provision in trust agreements
  11. § 163.11 - Requirements for provisions in reinsurance agreements entered into in conjunction with trust agreements
  12. § 163.12 - Accounting in statutory financial statements for credit for reinsurance secured by trust agreements
  13. § 163.13 - Existing trust agreements and underlying reinsurance agreements
  14. § 163.14 - Letters of credit
  15. § 163.15 - Requirements for letters of credit
  16. § 163.16 - Provisions in reinsurance agreements entered into inconjunction with letters of credit
  17. § 163.17 - Accounting in statutory financial statements for credit for reinsurance secured by letters of credit
  18. § 163.18 - Existing letters of credit
  19. § 163.19 - Actions or rights of the Commissioner
  20. § 163.20 - Other security acceptable to the Commissioner

Notes

Pa. Code tit. 31, pt. VIII, ch. 163
The provisions of this Chapter 163 adopted January 17, 1997, effective 1/18/1997, 27 Pa.B. 295, unless otherwise noted.

The provisions of this Chapter 163 issued under sections 319-319.2 of The Insurance Company Law of 1921 (40 P.S. §§ 442-442.2), unless otherwise noted.

This chapter cited in 31 Pa. Code § 90j.5 (relating to exemptions); and 31 Pa. Code § 90j.7 (relating to requirements applicable to covered policies to obtain credit for reinsurance; opportuntiy for remediation).

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