N.M. Admin. Code § 13.2.8.8

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.2.8.8 - CREDIT FOR REINSURANCE - REINSURER LICENSED IN THIS STATE

Pursuant to Paragraph (1) of Subsection D of Section 59A-12E-3 NMSA 1978, the superintendent will allow credit for reinsurance ceded by a domestic insurer to an assuming insurer that was licensed in this state as of any date on which statutory financial statement credit for reinsurance is claimed.

N.M. Admin. Code § 13.2.8.8

7/1/97; Recompiled 11/30/01, Adopted by New Mexico Register, Volume XXIX, Issue 14, July 24, 2018, eff. 7/24/2018, Adopted by New Mexico Register, Volume XXXIII, Issue 12, June 21, 2022, eff. 7/1/2022