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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):
Court decisions that cite this statute:
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