N.J. Admin. Code § 11:2-28.11

Current through Register Vol. 57, No. 1, January 6, 2025

Section 11:2-28.11 - Other security

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States in connection with the reinsurance contract under which those funds are withheld, subject to withdrawal solely by the ceding insurer and under its exclusive control.