Admitted Reinsurer

1 minuteread by Gary Huddleston

Admitted Reinsurer — a reinsurer that has substantially complied with licensing requirements of a particular state but has not taken out a license. Reinsurance effected with an admitted reinsurer is equivalent to reinsurance with a licensed reinsurer as far as taking credit for reinsurance is concerned.

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1 minuteread by Gary Huddleston

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