OAR 836-012-0090: Other Security

Edition: Current OARD snapshotEffective: 2020-01-01Last verified: 2026-09-07

A ceding insurer may take credit for unencumbered funds withheld by the ceding insurer in the United States subject to withdrawal solely by the ceding insurer and under its exclusive control.

Official history and status

Statutory/Other Authority: ORS 731.508 - 731.511 & 731.244

Statutes/Other Implemented: ORS 731.508 - 731.511 & Or Laws 2019, ch 151

History: ID 13-2019, amend filed 12/19/2019, effective 01/01/2020 ID 22-2002, f. & cert. ef. 11-27-02 ID 8-1993, f. & cert. ef. 9-23-93

This rule cites

No citations extracted.

Cited by

OAR 836-012-0048: Credit for Reinsurance – Reciprocal Jurisdictions
OAR 836-012-0060: Asset or Reduction from Liability for Reinsurance Ceded to an Unauthorized Assuming Insurer Not Meeting the Requirements of OAR 836-012-0011 to 836-012-0051

Official source: https://secure.sos.state.or.us/oard/