Georgia Code Title 33. Insurance § 33-14-100

(1) “Limited purpose subsidiary” means a subsidiary life, accident, and sickness reinsurer that is organized under this article and is wholly owned by an organizing domestic reinsurer.

(2) “Organizing domestic reinsurer” means a domestic life, accident, and sickness reinsurer that organizes a limited purpose subsidiary under this article.

(3) “Reinsurer” means an insurer that:

(4) “Risk” means a risk that is associated with an insurance policy or annuity that is assumed by an organizing domestic reinsurer and for which the organizing domestic reinsurer is required to hold statutory reserves for the policy or annuity.