Texas Statutes
Subtitle F - Reinsurance
Chapter 493 - Authorized Reinsurance; Credit and Accounting

Subchapter A. General Provisions

Section 493.001. Definitions - Sec. 493.001. DEFINITIONS. In this chapter: (1) "Assuming insurer" means...

Section 493.002. Applicability of Chapter - Sec. 493.002. APPLICABILITY OF CHAPTER. (a) Except as provided by...

Section 493.003. Rules - Sec. 493.003. RULES. The commissioner may adopt necessary and reasonable...

Subchapter B. Reinsurance

Section 493.051. Reinsurance Authorized - Sec. 493.051. REINSURANCE AUTHORIZED. (a) An insurer authorized to engage...

Section 493.052. Limitation on Reinsurance of Entire Outstanding Business - Sec. 493.052. LIMITATION ON REINSURANCE OF ENTIRE OUTSTANDING BUSINESS. (a)...

Section 493.053. Filing of Reinsurance Schedules - Sec. 493.053. FILING OF REINSURANCE SCHEDULES. The commissioner shall require...

Section 493.054. Accounting for Reinsurance Contracts - Sec. 493.054. ACCOUNTING FOR REINSURANCE CONTRACTS. (a) An insurer shall...

Section 493.055. Limitation on Rights Against Reinsurer - Sec. 493.055. LIMITATION ON RIGHTS AGAINST REINSURER. A person does...

Subchapter C. Credit for Reinsurance

Section 493.101. Exclusive Procedure for Taking Credit for Reinsurance - Sec. 493.101. EXCLUSIVE PROCEDURE FOR TAKING CREDIT FOR REINSURANCE. A...

Section 493.102. Credit for Reinsurance Generally - Sec. 493.102. CREDIT FOR REINSURANCE GENERALLY. (a) A ceding insurer...

Section 493.103. Accredited Reinsurer - Sec. 493.103. ACCREDITED REINSURER. For purposes of Section 493.102(a)(2), an...

Section 493.1033. Credit Allowed for Certain Certified Reinsurers - Sec. 493.1033. CREDIT ALLOWED FOR CERTAIN CERTIFIED REINSURERS. (a) Credit...

Section 493.1034. Certain Associations May Be Certified Reinsurers - Sec. 493.1034. CERTAIN ASSOCIATIONS MAY BE CERTIFIED REINSURERS. (a) An...

Section 493.1035. Qualified Jurisdictions - Sec. 493.1035. QUALIFIED JURISDICTIONS. (a) The commissioner shall develop and...

Section 493.1036. Requirements for Certified Reinsurer - Sec. 493.1036. REQUIREMENTS FOR CERTIFIED REINSURER. (a) The commissioner shall...

Section 493.1037. Certification by National Association of Insurance Commissioners - Sec. 493.1037. CERTIFICATION BY NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS. If...

Section 493.1038. Suspension or Revocation of Accreditation or Certification; Inactive Status - Sec. 493.1038. SUSPENSION OR REVOCATION OF ACCREDITATION OR CERTIFICATION; INACTIVE...

Section 493.1039. Concentration Risk - Sec. 493.1039. CONCENTRATION RISK. (a) A ceding insurer shall manage...

Section 493.104. Credit for Funds Securing Reinsurance Obligations - Sec. 493.104. CREDIT FOR FUNDS SECURING REINSURANCE OBLIGATIONS. (a) Subject...

Section 493.105. Acceptability of Certain Letters of Credit - Sec. 493.105. ACCEPTABILITY OF CERTAIN LETTERS OF CREDIT. A letter...

Section 493.106. Credit for Reinsurance: Direct Payment on Liability Required - Sec. 493.106. CREDIT FOR REINSURANCE: DIRECT PAYMENT ON LIABILITY REQUIRED....

Section 493.107. Request for Information From Assuming Insurer - Sec. 493.107. REQUEST FOR INFORMATION FROM ASSUMING INSURER. (a) The...

Section 493.108. Credit Allowed for Certain Eligible Assuming Insurers - Sec. 493.108. CREDIT ALLOWED FOR CERTAIN ELIGIBLE ASSUMING INSURERS. (a)...

Subchapter D. Requirements for Trust Credit Allowance

Section 493.151. Applicability of Subchapter - Sec. 493.151. APPLICABILITY OF SUBCHAPTER. This subchapter applies to: (1)...

Section 493.152. Composition of Trust - Sec. 493.152. COMPOSITION OF TRUST. (a) If the assuming insurer...

Section 493.153. Form of Trust - Sec. 493.153. FORM OF TRUST. (a) The trust must be...

Section 493.154. Terms of Trust - Sec. 493.154. TERMS OF TRUST. (a) The trust instrument must...

Section 493.155. Reports and Certification - Sec. 493.155. REPORTS AND CERTIFICATION. (a) Not later than February...

Section 493.156. Certain Trusteed Assuming Insurers: Requirements for Reinsurance Contract - Sec. 493.156. CERTAIN TRUSTEED ASSUMING INSURERS: REQUIREMENTS FOR REINSURANCE CONTRACT....

Section 493.1561. Certain Trusteed Assuming Reinsurers; Requirements for Trust Agreement - Sec. 493.1561. CERTAIN TRUSTEED ASSUMING REINSURERS; REQUIREMENTS FOR TRUST AGREEMENT....

Section 493.157. Examination of Trust and Assuming Insurer - Sec. 493.157. EXAMINATION OF TRUST AND ASSUMING INSURER. The trust...