Okla. Admin. Code § 365:25-7-66
Current through Vol. 41, No. 19, June 17, 2024
Pursuant to Section 5122(H) of the Act, the Commissioner shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of Section 5122(B), (C), (D), (E), (F), (G) or other appropriate section of the Credit for Reinsurance Act but only as to the insurance of risks located in jurisdictions where the reinsurance is required by the applicable law or regulation of that jurisdiction. As used in this section, "jurisdiction" means state, district or territory of the United States and any lawful national government.
Okla. Admin. Code § 365:25-7-66