Revised Code of Washington
2023 Archive

Chapter 48.12 RCW
ASSETS AND LIABILITIES
PDF of Chapter Digest
PDF of Complete Chapter
Sections
48.12.010"Assets" defined.
48.12.020Nonallowable assets.
48.12.030Liabilities.
48.12.040Unearned premium reserve, property, casualty, and surety insurance.
48.12.050Unearned premium reserve, marine and transportation insurance.
48.12.060Reserve—Disability insurance.
48.12.070Loss records.
48.12.080Increased reserves.
48.12.090Loss reserves—Liability insurance.
48.12.100Unallocated liability loss expense.
48.12.110Schedule of experience.
48.12.140"Loss payments," "loss expense" defined.
CREDIT FOR REINSURANCE
48.12.170Valuation of bonds.
48.12.180Valuation of stocks.
48.12.190Valuation of property.
48.12.200Valuation of purchase money mortgages.
48.12.400Purpose—Intent—Declaration.
48.12.405Domestic ceding insurer—Asset or reduction from liability—Requirements.
48.12.410Assuming insurer—Licensed.
48.12.415Accredited as reinsurer—Assuming insurer—Requirements.
48.12.420Assuming insurer—Domiciled in this state or state with similar statutes.
48.12.425Assuming insurer maintains a trust fund—Payment of valid claims—Requirements.
48.12.430Assuming insurer—Certified as reinsurer—Eligibility requirements—Insurer obligations—Commissioner's duties.
48.12.435Assuming insurer not meeting certain requirements—Credit restricted.
48.12.440Assuming insurer not licensed, accredited, or certified—No credit—Exceptions.
48.12.445Assuming insurer does not meet certain requirements—Trust agreements—Necessary conditions.
48.12.450Accredited or certified reinsurer does not meet requirements—Commissioner may suspend or revoke.
48.12.455Ceding insurer—Reinsurance program.
48.12.460Reinsurance ceded by domestic insurer to assuming insurer not meeting requirements—When asset or reduction from liability allowed.
48.12.462Reinsurance ceded to an assuming insurer—Reciprocal jurisdictions—Commissioner's duties.
48.12.464Reinsurance agreements—Commissioner may adopt rules.
48.12.465Definitions—Apply to RCW 48.12.460(3).
48.12.470Credit for reinsurance—Accounting or financial statement—After December 31, 1996.
48.12.475Assuming alien reinsurer—Registration—Requirements—Duties of commissioner—Costs.
48.12.480Rules.
48.12.499Application of chapter 63, Laws of 2015.