™Your Policy Risk Impact Agent
101 chapters · 1,108 sections in this title.
D.C. Code § 31-501 Credit allowed a domestic ceding insurer
35.6K chars
(a)(1) Credit for reinsurance shall be allowed a domestic ceding insurer as either an asset or a reduction from liability on account of reinsurance ceded only when the reinsurer meets the requirements of subsections (b), (c), (d), (e), (f), or (g) of this section; provided, that …
D.C. Code § 31-502 Asset or reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of § 31-501
2.2K chars
(a) An asset or a reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of § 31-501 shall be allowed in an amount not exceeding the liabilities carried by the ceding insurer; provided, that the Commissioner ma…
D.C. Code § 31-503 Qualified U.S. financial institutions
1.2K chars
(a) For purposes of [§ 31-502(b)], a qualified U.S. financial institution means an institution that: (1) Is organized, or, in the case of a United States office of a foreign banking organization, licensed, under the laws of the United States or any state thereof; (2) Is regulated…
D.C. Code § 31-504 Rulemaking
2.0K chars
(a) The Commissioner may adopt rules and regulations necessary to implement the provisions of this chapter. (b) The Commissioner is further authorized to adopt rules and regulations applicable to reinsurance arrangements; provided, that regulations adopted pursuant to this subsec…
