230 R.I. Code R. 230-RICR-20-45-3.10
Current through December 3, 2024
Pursuant to R.I. Gen. Laws § 27-1.1-1(g), the Superintendent shall allow credit for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of R.I. Gen. Laws §§ 27-1.1-1(c) through (g) 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 § 3.10 of this Part, "jurisdiction" means State, district or territory of the United States and any lawful national government.
230 R.I. Code R. 230-RICR-20-45-3.10
Amended effective 7/29/2022