Transferring insurer means an insurer or reinsurer that
Transferring insurer means an insurer or reinsurer that transfers and novates or seeks to transfer and novate obligations or risks, or both, under one or more policies to an assuming insurer pursuant to an Insurance Business Transfer Plan.
Transferring insurer means the insurer which transfers an insurance obligation or risk, or both, to an assuming insurer pursuant to an assumption reinsurance agreement.
Examples of Transferring insurer in a sentence
Transferring insurer" means the insurer that transfers an insurance obligation risk to an assuming insurer pursuant to an assumption reinsurance agreement.
More Definitions of Transferring insurer
Transferring insurer means a non-admitted insurer that is
Transferring insurer means an insurance company that transfers an insurance obligation or risk to an assuming insurer pursuant to a plan, and that is a domestic insurer or a foreign or alien insurance company that has a certificate of authority issued by the commissioner under chapter 101 of this title.
Transferring insurer means a non-admitted insurer that is transferring a closed block to an assuming company under a legacy insurance transfer plan.
Transferring insurer means a nonadmitted insurer that is
Transferring insurer means a nonadmitted insurer that is transferring a closed block to an assuming company under a legacy insurance transfer plan.
Transferring insurer means the insurer that transfers an insurance obligation risk to an assuming insurer pursuant to an assumption reinsurance agreement. [PL 1993, c. 603 (NEW).] SECTION HISTORY PL 1993, c. 603 (NEW). Generated 11.25.2020 §761. Definitions | 1 The State of Maine claims a copyright in its codified statutes. If you intend to republish this material, we require that you include the following disclaimer in your publication: All copyrights and other rights to statutory text are reserved by the State of Maine. The text included in this publication reflects changes made through the Second Regular Session of the 129th Maine Legislature and is current through October 1, 2020. The text is subject to change without notice. It is a version that has not been officially certified by the Secretary of State. Refer to the Maine Revised Statutes Annotated and supplements for certified text. The Office of the Revisor of Statutes also requests that you send us one copy of any statutory publication you may produce. Our goal is not to restrict publishing activity, but to keep track of who is publishing what, to identify any needless duplication and to preserve the State's copyright rights.
Transferring insurer means Hanover Insurance Company—See Section A.