NDAC 45-03-07.1-01

Credit for reinsurance - Reinsurer licensed in this state

Last amended: 2022Year: 2026Length: 47 wordsOfficial source

Cite as N.D. Admin. Code ยง 45-03-07.1-01

Pursuant to subsection 2 of North Dakota Century Code section 26.1-31.2-01, the commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.
NDAC 45-03-07.1-01: Credit for reinsurance - Reinsurer licensed in this state | Justis AI