Reinsurance; determination of increases to, or credit against, reserves.

Mich. Comp. Laws § 500.725, under THE INSURANCE CODE OF 1956.

Mich. Comp. Laws § 500.725

Sec. 725. Increases to, or credits against, reserves carried arising because of reinsurance assumed or reinsurance ceded, shall be determined in a manner consistent with minimum reserve standards described in this chapter and with all applicable provisions of the reinsurance contracts that affect the insurer's liabilities.