Statute · California Insurance Code

Cal. Ins. Code § 922.6 — Financial Statements of Insurers

Cal. Ins. Code § 922.6

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2013-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Credit for reinsurance shall not be denied a foreign ceding insurer to the extent that credit is recognized by the ceding insurer’s domestic state regulator, provided that the domestic state is accredited by the National Association of Insurance Commissioners (NAIC), or the domestic state…

Citator

Cal. Ins. Code § 922.6 — Financial Statements of Insurers is in force in the current edition of the Code, and nothing recorded condemns it.

Credit for reinsurance shall not be denied a foreign ceding insurer to the extent that credit is recognized by the ceding insurer’s domestic state regulator, provided that the domestic state is accredited by the National Association of Insurance Commissioners (NAIC), or the domestic state regulator has financial solvency requirements substantially similar to the requirements necessary for NAIC accreditation.