Reinsurance

Tex. Insurance Code § 1601.155, under Uniform Insurance Benefits Act For Employees of the University of Texas System and the Texas A&M University System.

Tex. Insurance Code § 1601.155

Sec. 1601.155. REINSURANCE. A system may arrange with an administering carrier issuing a policy under this chapter for the reinsurance of portions of the total amount of insurance under the policy with other carriers that elect to participate in the reinsurance. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. SUBCHAPTER E. PAYMENTS, CONTRIBUTIONS, AND COSTS