58-5-152. Required information in reporting material nonrenewal, cancellation, or revision.
The following information shall be disclosed in any report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements:
(1)Effective date of the nonrenewal, cancellation, or revision;
(2)The description of the transaction with an identification of the initiator thereof;
(3)Purpose of, or reason for, the transaction; and
(4)If applicable, the identity of the replacement reinsurers.
Source: SL 1995, ch 275, §9.