N.J. Stat. § 17B:18-62
Current through L. 2023, c. 320.
"Reinsurance" is a contract under which an originating insurer, called the "ceding insurer" , procures insurance for itself in another insurer, called the "assuming insurer," with respect to part or all of an insurance risk of the originating insurer.
N.J.S. § 17B:18-62