Maryland Insurance Section 5-901

Article - Insurance

§ 5-901.

      (a)      In this subtitle the following words have the meanings indicated.

      (b)      "Ceding insurer" means an insurer that procures insurance for itself from another insurer for all or part of an insurance risk.

      (c)      "Reinsurer" means an insurer from which a ceding insurer procures insurance for itself for all or part of an insurance risk.



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