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Regulation of Reinsurance Intermediaries

  • K.S.A. 40-4501— Citation of act
  • K.S.A. 40-4502— Definitions
  • K.S.A. 40-4503— Licensure of reinsurance brokers, managers and intermediaries; authorization of commissioner to set and publish application fee; nonresidents, designation of agent for service of process; refund of commissioner to issue license; exemption for attorneys
  • K.S.A. 40-4504— Contracts between reinsurance brokers and insurers; written authorization required, contents
  • K.S.A. 40-4505— Same; records to be maintained by reinsurance broker; rights of insurer to access, copy and audit records
  • K.S.A. 40-4506— Same; conditions; broker to provide insurer annual statement of financial condition
  • K.S.A. 40-4507— Contracts between reinsurance managers and reinsurers; writing and commissioner's approval required; contents
  • K.S.A. 40-4508— Same; reinsurance managers precluded from taking certain actions
  • K.S.A. 40-4509— Same; conditions; manager to provide reinsurer annual statement of financial condition; actuarial opinion on adequacy of loss reserves; authority over retrocessional contracts and syndicate participation; notice of contract termination to commissioner; reinsurance manager, officers, directors, employees, controlling shareholders and subproducers ineligible for appointment to reinsurer board
  • K.S.A. 40-4510— Examination; access to books, bank accounts and records
  • K.S.A. 40-4511— Repealed
  • K.S.A. 40-4512— Rules and regulations
  • K.S.A. 40-4513— Continuation of existing contracts