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48.46.620  <<  48.46.625 >>   48.46.900

RCW 48.46.625

Report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements — Information required.

The following is required to be disclosed in any report of a material nonrenewal, cancellation, or revision of ceded reinsurance agreements:

     (1) The effective date of the nonrenewal, cancellation or revision;

     (2) The description of the transaction with an identification of the initiator;

     (3) The purpose of or reason for the transaction; and

     (4) If applicable, the identity of the replacement reinsurers.

[1995 c 86 § 24.]