Wyoming Statutes
§ 26-5-115 — Reinsurance payable without diminution due to insolvency of ceding insurer
No credit or reduction of liability for reinsurance ceded under
W.S. 26-5-112 or 26-5-113 shall be allowed unless the agreement
provides that the reinsurance is payable by the assuming insurer
on the basis of the liability of the ceding insurer without
diminution due to the insolvency of the ceding insurer.
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Nearby Sections
15
§ 26-5-101
Definitions not mutually exclusive§ 26-5-102
"Life insurance" defined§ 26-5-103
"Disability insurance" defined§ 26-5-104
"Property insurance" defined§ 26-5-105
"Surety insurance" defined§ 26-5-106
"Casualty insurance" defined§ 26-5-107
"Marine and transportation insurance" and "wet
marine and transportation insurance" defined§ 26-5-109
"Title insurance" defined§ 26-5-110
Limit of risk§ 26-5-111
Reinsurance§ 26-5-112
Credit allowed a domestic ceding insurer