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Georgia Code Title 33. Insurance § 33-14-103

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A limited purpose subsidiary that is granted a certificate of authority by the Commissioner under this article:

(1) Is wholly owned by the organizing domestic reinsurer;

(2) Is authorized to engage in the business of reinsurance only for the lines of insurance for which the organizing domestic reinsurer is authorized;

(3) May reinsure only risks of the organizing domestic reinsurer;  and

(4) May access alternative forms of financing.

Cite this article: - Georgia Code Title 33. Insurance § 33-14-103 - last updated April 14, 2021 |

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