§ 628.9142, Fla. Stat. · Part V. CAPTIVE INSURERS
Reinsurance; effect on reserves.
Text — 2026 Florida Statutes
(1) A captive insurance company may provide reinsurance, as authorized in this part, on risks ceded by any other insurer.
(2) A captive insurance company may take credit for reserves on risks or portions of risks ceded to authorized insurers or reinsurers and unauthorized insurers or reinsurers complying with s. 624.610. A captive insurance company may not take credit for reserves on risks or portions of risks ceded to an unauthorized insurer or reinsurer if the insurer or reinsurer is not in compliance with s. 624.610.
Notes and commentary — not statutory text
History
s. 31, ch. 2012-151; s. 5, ch. 2013-209.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0628/0628.html
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The Florida Statutes
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