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New Jersey Statutes, Title: 17B, INSURANCE

    Chapter 18: Scope of chapter

      Section: 17B:18-62: "Reinsurance" defined

           "Reinsurance" is a contract under which an originating insurer, called the "ceding insurer" , procures insurance for itself in another insurer, called the "assuming insurer," with respect to part or all of an insurance risk of the originating insurer.

L.1971, c. 144, s. 17B:18-62.



This section added to the Rutgers Database: 2013-06-10 16:36:30.






Older versions of 17b:18-62 (if available):



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