R.C.S.A. § 38a-88-5
Credit for reinsurance required by law
Cite as Conn. Agencies Regs. § 38a-88-5
Pursuant to Section 38a-85(f) of the General Statutes, the Commissioner shall allow
credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting
the requirements of Subsections (b), (c), (d) or (e) of Section 38a-85 of the General
Statutes, but only as to the insurance of risks located in jurisdictions where the
reinsurance is required by the applicable law or regulation of that jurisdiction.
As used in this Section, "jurisdiction" means any state, district or territory of
the United States and any lawful national government.