Section 27-1-12.1-5 - Risk As used in this chapter, "risk" means a risk:
(1) that is associated with a life insurance policy that is:(A) written by a ceding domestic life insurance company; or(B) assumed by a ceding domestic life insurance company from an affiliate; and(2) for which a ceding domestic life insurance company holds direct statutory reserves for the policy as required under IC 27-1-12-10.5.Added by P.L. 11-2011, SEC. 7, eff. 4/6/2011.