Mich. Admin. Code R. 500.1130

Current through Vol. 24-22, December 15, 2024

Section R. 500.1130 - Credit for reinsurance; reinsurer licensed in this state

Rule 10. Pursuant to section 1103(1) of the code, MCL 500.1103, the director shall 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.

Mich. Admin. Code R. 500.1130

2019 AACS; 2021 MR 10, Eff. 5/18/2021