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344 chapters · 3,652 sections in this title.
Ind. Code § 27-6-1.1-1 Definitions
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Sec. 1. As used in this chapter: "Accepting insurer" means the insurer that is a party to a reinsurance transaction and that reinsures insurance, annuity, and endowment risks or liabilities of another insurer. "Assumption reinsurance" means a transaction in which one (1) insurer …
Ind. Code § 27-6-1.1-2 Indemnity reinsurance; ceding agreements
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Sec. 2. (a) A domestic insurer may cede indemnity reinsurance to any insurer authorized to do business in this state, in any other state of the United States, or in the District of Columbia, or to any alien insurer. (b) A domestic ceding insurer must file with the commissioner fo…
Ind. Code § 27-6-1.1-4 Termination of indemnity reinsurance transaction
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Sec. 4. The commissioner may require the termination of any indemnity reinsurance transaction, whether or not the applicable agreement was required to be filed for approval, if after a hearing under IC 4-21.5-3, the commissioner finds that the transaction creates an unsafe condit…
Ind. Code § 27-6-1.1-5 Assumption reinsurance agreement; approval; exemptions; notice to policyholders
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Sec. 5. (a) A domestic insurer must file any proposed agreement of assumption reinsurance with the commissioner for the commissioner's approval. The agreement must be executed by each insurer in a manner consistent with its articles and bylaws and the applicable law. (b) The requ…