Ohio Code § 3901.631
Ohio Code § 3901.631. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3901.631.
(A) A domestic ceding insurer shall take steps to manage its reinsurance recoverables
proportionate to its own book of business. (1) A domestic ceding insurer shall notify the superintendent within thirty days after
reinsurance recoverables from any single assuming insurer, or group of affiliated
assuming insurers, exceed fifty per cent of the domestic ceding insurer's last reported
surplus to policyholders, or after it has determined that reinsurance recoverables
from any single assuming insurer, or group of affiliated assuming insurers, are likely
to exceed this limit. (2) The notification required in division (A)(1) of this section shall demonstrate that
the exposure is safely managed by the domestic ceding insurer. (B) A domestic ceding insurer shall take steps to diversify its reinsurance program. (1) A domestic ceding insurer shall notify the superintendent within thirty days after
ceding to any single assuming insurer, or group of affiliated assuming insurers, more
than twenty per cent of the ceding insurer's gross written premium in the prior calendar
year, or after it has determined that the reinsurance ceded to any single assuming
insurer, or group of affiliated assuming insurers, is likely to exceed this limit. (2) The notification required in division (B)(1) of this section shall demonstrate that
the exposure is safely managed by the domestic ceding insurer.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3901.631
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 3901.631?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 3901.631 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 3901.631 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
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