Ill. Admin. Code tit. 50 § 1104.20

Current through Register Vol. 48, No. 45, November 8, 2024
Section 1104.20 - Credit for Reinsurance - Reinsurer Licensed in this State

Pursuant to Section 173.1(1)(A) of the Code, the Director shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers which were licensed in this State as of the date of the ceding insurer's most recent statutory financial statement.

Ill. Admin. Code tit. 50, § 1104.20

Amended at 33 Ill. Reg. 9314, effective June 18, 2009