US lawCaliforniaStatutesCode insDivision 1Part 1Chapter 8621Cal. INS § 621Cal. INS § 621Last amended: 1935Year: 2025Length: 17 wordsOfficial source A reinsurance is presumed to be a contract of indemnity against liability, and not merely against damage.PreviousCal. INS § 620NextCal. INS § 622