Pursuant to section 2(a) (1) of the act, D.C. Code section 35-3301(a) (1),the Commissioner shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers which were licensed in the District of Columbia as of the date of the ceding insurer's statutory financial statement.
D.C. Mun. Regs. tit. 26, r. 26-A2801