Maryland Insurance Section 8-518
§ 8-518.
  (a)   A reinsurance manager:
    (1)   except as provided in subsection (b) of this section, may not cede retrocessions for a reinsurer;
    (2)   may not commit a reinsurer to participate in reinsurance syndicates;
    (3)   may not appoint or hire an insurance producer to solicit, procure, or negotiate reinsurance contracts for a reinsurer without ensuring that the insurance producer is qualified under Title 10, Subtitle 1 of this article;
    (4)   may not take an action that would constitute a violation of § 27-503 of this article if taken directly by a reinsurer;
    (5)   without the reinsurer's prior written approval, may not pay or commit a reinsurer to pay a claim, net of reinsurance, that exceeds the lesser of 1% of the reinsurer's policyholder surplus as of the preceding calendar year and an amount specified by the reinsurer;
    (6)   subject to subsection (b) of this section and without the reinsurer's prior written approval:
      (i)   may not collect a payment from a retrocessionaire; or
      (ii)   may not commit a reinsurer to a claim settlement with a retrocessionaire;
    (7)   may not appoint a subreinsurance manager; or
    (8)   may not employ an individual who is also employed by a reinsurer that transacts business with the reinsurance manager, unless the reinsurance manager is under common control with the reinsurer and is subject to Title 7 of this article.
  (b)   A reinsurance manager may cede facultative reinsurance contracts under obligatory facultative agreements if the contract between the reinsurance manager and reinsurer contains reinsurance underwriting guidelines for the retrocessions, including:
    (1)   a list of reinsurers with which any automatic agreements are in effect;
    (2)   the coverages and amounts or percentages that may be reinsured; and
    (3)   commission schedules.