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Subchapter 1 - Definitions
§ 23-62-101. Definitions not mutually exclusive - It is intended that certain insurance coverages may come within...
§ 23-62-102. Life insurance - (a) As used in the Arkansas Insurance Code, unless the...
§ 23-62-103. Accident and health insurance - (a) As used in the Arkansas Insurance Code, unless the...
§ 23-62-104. Property insurance - As used in the Arkansas Insurance Code, unless the context...
§ 23-62-105. Casualty insurance — Definition - (a) As used in the Arkansas Insurance Code, unless the...
§ 23-62-106. Surety insurance - As used in the Arkansas Insurance Code, unless the context...
§ 23-62-107. Marine insurance - As used in the Arkansas Insurance Code, unless the context...
§ 23-62-108. Title insurance - As used in the Arkansas Insurance Code, unless the context...
§ 23-62-109. Funding agreements - (a) (1) As used in this section, the term “funding...
§ 23-62-110. Mortgage guaranty insurance - As used in the Arkansas Insurance Code, “mortgage guaranty insurance”...
§ 23-62-111. Employee benefit stop-loss insurance - (a) As used in this subchapter, “employee benefit stop-loss insurance”...
Subchapter 2 - Reinsurance Generally
§ 23-62-201. Exception - This subchapter shall not apply to insurance of wet marine...
§ 23-62-202. Limits of risk - Any authorized insurer may accept reinsurance only of such risks,...
§ 23-62-203. Rules - The Insurance Commissioner may adopt reasonable rules to implement the...
§ 23-62-204. Allowance of credit - (a) (1) Except as provided in subsection (b) of this...
§ 23-62-205. Approval and notice of reinsurance - (a) Every insurer authorized to do business in the State...
Subchapter 3 - Arkansas Credit for Reinsurance Law
§ 23-62-301. Title — Applicability - (a) This subchapter may be cited as the “Arkansas Credit...
§ 23-62-302. Sections 23-62-201, 23-62-202, 23-62-204, and 23-62-205 applicable — Purpose — Construction - (a) Reinsurance of insurance risks by domestic and foreign insurance...
§ 23-62-303. Report of funds withheld under reinsurance treaties - Deposits and funds withheld under reinsurance treaties shall be reported...
§ 23-62-304. Agreement examination - The Insurance Commissioner shall have the right to examine any...
§ 23-62-305. Credit allowed a domestic ceding insurer - (a) (1) A domestic ceding insurer shall be allowed credit...
§ 23-62-306. Asset or reduction from liability for reinsurance ceded by domestic insurer to assuming insurer — Noncompliant assuming insurer - (a) An asset or a reduction from liability for the...
§ 23-62-307. Qualified United States financial institutions - (a) For purposes of § 23-62-306(c)(3), a “qualified United States...
§ 23-62-308. Rules - The Insurance Commissioner may adopt rules implementing this subchapter.
§ 23-62-309. Applicability — Reinsurance agreements - Sections 23-62-305 — 23-62-307 apply to any cession of a...
Subchapter 4 - Reinsurance Intermediary Act
§ 23-62-401. Short title - This subchapter may be cited as the “Reinsurance Intermediary Act”.
§ 23-62-402. Definitions - As used in this subchapter: (1) “Actuary” means a person...
§ 23-62-403. Qualified United States financial institutions - For purposes of this subchapter, a “qualified United States financial...
§ 23-62-404. Licensure - (a) No person, firm, association, or corporation shall act as...
§ 23-62-405. Required contract provisions — Reinsurance intermediary brokers - (a) Transactions between a reinsurance intermediary broker and the insurer...
§ 23-62-406. Books and records — Reinsurance intermediary brokers - (a) For at least ten (10) years after expiration of...
§ 23-62-407. Duties of insurers utilizing the services of a reinsurance intermediary broker - (a) An insurer shall not engage the services of any...
§ 23-62-408. Required contract provisions — Reinsurance intermediary managers - (a) Transactions between a reinsurance intermediary manager and the reinsurer...
§ 23-62-409. Prohibited acts - The reinsurance intermediary manager shall not: (1) (A) Bind retrocessions...
§ 23-62-410. Duties of reinsurers utilizing the services of a reinsurance intermediary manager - (a) A reinsurer shall not engage the services of any...
§ 23-62-411. Examination authority - (a) (1) A reinsurance intermediary shall be subject to examination...
§ 23-62-412. Penalties and liabilities - (a) A reinsurance intermediary, insurer, or reinsurer found by the...
§ 23-62-413. Rules - The Insurance Commissioner may adopt reasonable rules for the implementation...