Texas Insurance Code 941.156 – Reinsurance Permitted
Current as of: 2024 | Check for updates
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This chapter does not prevent a domestic Lloyd’s plan from reinsuring:
(1) the Lloyd’s plan’s excess lines with a solvent foreign Lloyd’s plan acceptable to the department that does not hold a certificate of authority to engage in the business of insurance in this state; or
(2) any business from a foreign Lloyd’s plan described by Subdivision (1).