WAC 284-13-530. Credit for reinsurance — Certain alien reinsurers maintaining trust funds — Single alien insurer

The trust fund for a single assuming alien insurer must consist of funds in trust in an amount not less than the assuming insurer's liabilities attributable to reinsurance ceded by United States domiciled insurers, and in addition, the assuming insurer must maintain a trusteed surplus of not less than twenty million dollars, except as provided in WAC 284-13-531 .