Washington Code 48.44.555 – Report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements — Information required
Current as of: 2023 | Check for updates
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The following is required to be disclosed in any report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements:
(1) The effective date of the nonrenewal, cancellation, or revision;
(2) The description of the transaction with an identification of the initiator;
(3) The purpose of or reason for the transaction; and
(4) If applicable, the identity of the replacement reinsurers.
[ 1995 c 86 § 18.]