Current as of January 01, 2020 | Updated by FindLaw Staff
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As used in sections 3901.61 to 3901.65 of the Revised Code:
(A) “Assuming insurer” means an insurance company that accepts all or part of the risk underwritten by a ceding insurer.
(B) “Ceding insurer” means an insurance company that transfers all or part of the risk it underwrites to an assuming insurer.
Cite this article: FindLaw.com - Ohio Revised Code Title XXXIX. Insurance § 3901.61 - last updated January 01, 2020 | https://codes.findlaw.com/oh/title-xxxix-insurance/oh-rev-code-sect-3901-61/
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