DIRECT REINSURANCE OF ACCIDENT OR HEALTH INSURANCE POLICIES.

Tex. INS Code § 884.503.
in effect
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(a) In the direct reinsurance of a stipulated premium accident or health insurance policy under Section 884.502 , the company assuming the policy under the agreement must assume the exact obligations of the policy. (b) If a policy is non-cancellable or guaranteed renewable, the assuming company may include in the assumption certificate a premium redetermination clause instead of the clause required by Section 884.352 . Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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