State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3901 > 3901_61

3901.61 Credit for reinsurance ceded definitions.

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

State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3901 > 3901_61

3901.61 Credit for reinsurance ceded definitions.

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


State Codes and Statutes

State Codes and Statutes

Statutes > Ohio > Title39 > Chapter3901 > 3901_61

3901.61 Credit for reinsurance ceded definitions.

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