Rule 6.6.3860 - ASSUMING INSURER - DEFINITION OF OBLIGATIONS(1) "Obligations," as used in ARM 6.6.3861 through 6.6.3869, means: (a) reinsured losses and allocated loss expenses paid by the ceding company, but not recovered from the assuming insurer;(b) reserves for reinsured losses reported and outstanding;(c) reserves for reinsured losses incurred but not reported; and(d) reserves for allocated reinsured loss expenses and unearned premiums.