Utah Admin. Code R590-173-4 - Credit for Reinsurance - Reinsurer Licensed in Utah
(1) Credit is allowed for reinsurance ceded
by a domestic insurer to an assuming insurer that is licensed in Utah as of the
date the ceding insurer claims reinsurance credit in a statutory financial
statement.
(2) The requisite
conditions for credit shall exist at the time the credit is claimed or reported
in a statutory financial statement.
(3) The conditions in Subsection (2) shall
remain satisfied until the information reported in one statement is replaced by
information reported in a subsequent statement.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.