Section 7.1204 - Risk Limitations(a) No risk, as determined by reserves for unearned premiums, nor any reserve for unpaid losses nor any loss adjustment expenses shall exceed 10% of the life insurance company's total capital and surplus as of the end of the preceding year or impair the dedicated capital and surplus as defined in § 7.1203(B) of this title (relating to Financial Requirements).(b) No part of any risk assumed or accepted by a life insurance company according to this regulation may be retroceded or further reinsured in any manner without receiving prior written approval of the commissioner of insurance.28 Tex. Admin. Code § 7.1204
The provisions of this §7.1204 adopted to be effective November 3, 1989, 14 TexReg 5625