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15 U.S. Code § 8221

Regulation of credit for reinsurance and reinsurance agreements

15 U.S. Code § 8221. Regulation of credit for reinsurance and reinsurance agreements

(a) Credit for reinsurance
If the State of domicile of a ceding insurer is an NAIC-accredited State, or has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation, and recognizes credit for reinsurance for the insurer’s ceded risk, then no other State may deny such credit for reinsurance.
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