RSA 403-C:3 Nonrenewals, Cancellations, or Revisions of Ceded Reinsurance Agreements.
Title: XXXVII - INSURANCE
Chapter: 403-C - DISCLOSURE OF MATERIAL TRANSACTIONS
I. (a) No nonrenewals, cancellations, or revisions of ceded reinsurance agreements need be reported pursuant to RSA 403-C:1 if the nonrenewals, cancellations, or revisions are not material. For purposes of this chapter, a material nonrenewal, cancellation, or revision is one that affects:
(1) As respects property and casualty business, including accident and health business written by a property and casualty insurer:
(A) More than 50 percent of the insurer's total ceded written premium; or
(B) More than 50 percent of the insurer's total ceded indemnity and loss adjustment reserves.
(2) As respects life, annuity, and accident and health business: more than 50 percent of the total reserve credit taken for business ceded, on an annualized basis, as indicated in