There is a newer version of the Idaho Code and Statutes
2016 Idaho Statutes
Title 41 - INSURANCE
Chapter 5 - KINDS OF INSURANCE -- LIMITS OF RISK -- REINSURANCE
Section 41-510 - "REINSURANCE" DEFINED.
ID Code § 41-510 (2016) What's This?
41-510. "Reinsurance" defined. "Reinsurance" is a contract under which an originating insurer (called the "ceding" insurer) procures insurance for itself in another insurer (called the "assuming" insurer or the "reinsurer") with respect to part or all of an insurance risk of the originating insurer.
History:
[41-510, added 1961, ch. 330, sec. 119, p. 645.]
Disclaimer: These codes may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
