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

WA Rev Code § 48.46.625 (2019) (N/A)
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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.]

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48.46.620 Material nonrenewals, cancellations, or revisions of ceded reinsurance agreements.
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