Chapter

REINSURANCE

Mich. Comp. Laws § 500.1101— “Qualified United States financial institution” defined
Mich. Comp. Laws § 500.1103— Credit for reinsurance as asset or reduction from liability; accredited reinsurer; trust fund; requirements; report to director; certified reinsurer requirements; obligation to arbitrate; trust agreement; list of reciprocal jurisdictions; suspension or revocation; hearing; recoverable assets; diversification; member of catastrophic claims association; definitions
Mich. Comp. Laws § 500.1105— Reduction from liability by ceding insurer to assuming insurer not meeting requirements of MCL 500.1103; security
Mich. Comp. Laws § 500.1106— Rules
Mich. Comp. Laws § 500.1121— Applicability of MCL 500.1123 to 500.1127 to certain insurers
Mich. Comp. Laws § 500.1123— Reinsurance agreement; conditions prohibiting reduction in liability or establishment of asset; approval of commissioner; filing agreements
Mich. Comp. Laws § 500.1125— Reinsurance agreement; use; execution; “reasonable period of time” defined; provisions; assumption of obligations by life and health insurance guaranty association
Mich. Comp. Laws § 500.1127— Reinsurance agreements; reduction to zero of certain reserve credits or assets