Statute · California Insurance Code

Cal. Ins. Code § 8053 — Risks

Cal. Ins. Code § 8053

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

Such reinsurer shall not at any time write reinsurance, subject to one risk, in excess of five per cent of the total amount of reinsurance on its books at the time of accepting the risk.

Citator

Cal. Ins. Code § 8053 — Risks is in force in the current edition of the Code, and nothing recorded condemns it.

Such reinsurer shall not at any time write reinsurance, subject to one risk, in excess of five per cent of the total amount of reinsurance on its books at the time of accepting the risk.