Types of Insurance in Which Reciprocal Insurers Authorized to Transact Business; Reinsurance

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  1. A reciprocal insurer may, upon qualifying as a reciprocal insurer as provided for by this title, transact any kind or kinds of insurance defined by this title other than life or title insurance.
  2. A reciprocal insurer may purchase reinsurance upon the risk of any subscriber and may grant reinsurance as to any kind of insurance it is authorized to transact directly.

(Code 1933, § 56-2104, enacted by Ga. L. 1960, p. 289, § 1.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 43 Am. Jur. 2d, Insurance, § 73.

C.J.S.

- 46A C.J.S., Insurance, § 2386 et seq.

ALR.

- Who may enforce liability of reinsurer, 103 A.L.R. 1485.


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