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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3901.61 | Credit for reinsurance ceded definitions.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3901 Superintendent Of Insurance
 
Effective:
June 29, 1994
Latest Legislation:
House Bill 89 - 120th General Assembly
PDF:
Download Authenticated PDF
 

As used in sections 3901.61 to 3901.65 of te Revised Code:

(A) "Assuming insurer" means an insurance company that accepts all or part of the risk underwritten by a ceding insurer.

(B) "Ceding insurer" means an insurance company that transfers all or part of the risk it underwrites to an assuming insurer.

Available Versions of this Section