Sec. 13. The following information must be disclosed on a nonconsolidated basis in any report of a material nonrenewal, cancellation, or revision of a ceded reinsurance agreement:
(1) The effective date of the nonrenewal, cancellation, or revision.
(2) The description of the transaction with an identification of the initiator of the transaction.
(3) The purpose of or reason for the transaction.
(4) If applicable, the identity of the replacement reinsurers.
As added by P.L.251-1995, SEC.17.
Structure Indiana Code
Article 2. Powers and Duties of Insurers
Chapter 18. Disclosure of Material Transactions
27-2-18-1. "Asset Acquisition" Defined
27-2-18-2. "Asset Disposition" Defined
27-2-18-4. "Material Acquisition" Defined
27-2-18-5. "Material Disposition" Defined
27-2-18-10. Reports as Confidential Information; Exceptions
27-2-18-11. Contents of Reports of Material Acquisitions and Dispositions
27-2-18-12. Reports of Material Acquisitions and Dispositions on Nonconsolidated Basis; Exceptions
27-2-18-13. Contents of Reports of Material Nonrenewals, Cancellations, or Revisions