There is a newer version
of
this Section
2017 Ohio Revised Code
Title [39] XXXIX INSURANCE
Chapter 3901 - SUPERINTENDENT OF INSURANCE
Section 3901.61 - Credit for reinsurance ceded definitions.
Universal Citation: Ohio Rev Code § 3901.61 (2017)
As used in sections 3901.61 to 3901.65 of the Revised Code:
(A) "Assuming insurer" means an insurance company that accepts all or part of the risk underwritten by a ceding insurer.
(B) "Ceding insurer" means an insurance company that transfers all or part of the risk it underwrites to an assuming insurer.
Effective Date: 06-29-1994 .
Disclaimer: These codes may not be the most recent version. Ohio 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.
