Kansas Statutes 40-4510. Examination; access to books, bank accounts and records
Current as of: 2023 | Check for updates
|
Other versions
(a) A reinsurance intermediary shall be subject to examination by the commissioner pursuant to Kan. Stat. Ann. §§ 40-222 and 40-223 and amendments thereto. The commissioner shall have access to all books, bank accounts and records of the reinsurance intermediary in a form usable to the commissioner.
(b) A reinsurance manager may be examined as if it were the reinsurer.
Terms Used In Kansas Statutes 40-4510
- Commissioner: means the commissioner of insurance of this state. See Kansas Statutes 40-4502
- Reinsurance intermediary: means a reinsurance intermediary-broker or a reinsurance intermediary-manager as these terms are defined in subsections (f) and (g). See Kansas Statutes 40-4502
- reinsurance manager: means any person, firm, association or corporation who has authority to bind or manages all or part of the assumed reinsurance business of a reinsurer, including the management of a separate division, department or underwriting office, and acts as an agent for such reinsurer whether known as a reinsurance manager, manager or other similar term. See Kansas Statutes 40-4502
- Reinsurer: means any person, firm, association or corporation duly licensed in this state pursuant tochapter 40 of the Kansas Statutes Annotated as an insurer with the authority to assume reinsurance. See Kansas Statutes 40-4502