N.J. Admin. Code § 11:2-28.3

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

Section 11:2-28.3 - Reinsurer licensed in New Jersey

An insurer shall be permitted to take a credit for reinsurance ceded to an assuming insurer where the assuming insurer is licensed to transact business in this State as of the date of the ceding insurer's statutory financial statement, except as limited in accordance with N.J.A.C. 11:2-27.