Reinsurance

  1. Law
  2. Arkansas Code
  3. Public Utilities and Regulated Industries
  4. Insurance
  5. Insurance Companies Generally
  6. Licensing and Regulation of Captive Insurers
  7. Reinsurance

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  1. (a) A captive insurance company may provide reinsurance under the Arkansas Insurance Code, on risks ceded by any other insurer.

  2. (b) A captive insurance company may take credit for reserves on risks or portions of risks ceded to reinsurers that are:

    1. (1) Complying with § 23-62-305(a)-(f); or

    2. (2) Not complying with § 23-62-305(a)-(f) upon approval of the captive insurance company's business plan by the Insurance Commissioner.


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