Ga. Comp. R. & Regs. 120-2-62-.03
Current through Rules and Regulations filed through June 17, 2024
"Applicant" means either the transferring or the assuming insurer required to submit the "Application for Approval of Assumption Reinsurance Agreement" based on the following criteria:
(a) If both insurers are licensed to transact the business of insurance in the State of Georgia, the transferring insurer shall submit the required filings; otherwise
(b) The insurer licensed to transact the business of insurance in the state of Georgia shall submit the required filings.
Ga. Comp. R. & Regs. R. 120-2-62-.03
O.C.G.A. Secs. 33-29-9, 33-52-3, 33-52-6.