The amendments of this chapter and the additions to this chapter by Act 2021-235 shall apply to all cessions after January 1, 2022, under reinsurance agreements that have an inception, anniversary, or renewal date on or after July 1, 2022.
Structure Code of Alabama
Section 27-5B-2 - Reinsurance Permitted.
Section 27-5B-3 - Credit Allowed a Domestic Ceding Insurer.
Section 27-5B-4 - Licensed Reinsurer.
Section 27-5B-5 - Accredited Reinsurer.
Section 27-5B-6 - Reinsurer Domiciled in State With Substantially Similar Law.
Section 27-5B-7 - Reinsurer Maintaining a Trust Fund.
Section 27-5B-8 - Certified Reinsurer.
Section 27-5B-8.1 - Reinsurer Domiciled in a Reciprocal Jurisdiction.
Section 27-5B-9 - Credit for Reinsurance Required by Law.
Section 27-5B-12 - Accredited or Certified Reinsurer Ceasing to Meet Requirements.
Section 27-5B-13 - Concentration Risk.
Section 27-5B-15 - Qualified u.s. Financial Institutions.
Section 27-5B-16 - Insolvency Clause.
Section 27-5B-17 - Guaranty Association Election.
Section 27-5B-18 - Notice by Domiciliary Liquidator.