admitted reinsurer
An admitted reinsurer is one that has substantially complied with licensing requirements of a particular state but has not taken out a license.
admitted reinsurer
An admitted reinsurer is one that has substantially complied with licensing requirements of a particular state but has not taken out a license.
Additional Information
Reinsurance effected with an admitted reinsurer is equivalent to reinsurance with a licensed reinsurer as far as taking credit for reinsurance is concerned.
