Fla. Stat. 628.9142
Reinsurance; effect on reserves


(1)

A captive insurance company may provide reinsurance, as authorized in this part, on risks ceded by any other insurer.

(2)

A captive insurance company may take credit for reserves on risks or portions of risks ceded to authorized insurers or reinsurers and unauthorized insurers or reinsurers complying with s. 624.610. A captive insurance company may not take credit for reserves on risks or portions of risks ceded to an unauthorized insurer or reinsurer if the insurer or reinsurer is not in compliance with s. 624.610.

Source: Section 628.9142 — Reinsurance; effect on reserves, https://www.­flsenate.­gov/Laws/Statutes/2024/0628.­9142 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 628.9142. Reinsurance; effect on reserves's source at flsenate​.gov