5 U.S.C. § 8710
Reinsurance
United States · Title 5 — GOVERNMENT ORGANIZATION AND EMPLOYEES · Status: effective
Cite this
- Citation
- 5 U.S.C. § 8710, Reinsurance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/427574
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Full text
The Office shall establish a formula under which the amount of insurance retained by an issuing company after ceding reinsurance, and the amount of reinsurance ceded to each reinsurer, is in proportion to the total amount of each company’s group life insurance, excluding insurance purchased under this chapter, in force in the United States on the determination date, which is the most recent December 31 for which information is available to the Office. In determining the proportions, the portion of a company’s group life insurance in force on the determination date in excess of $100,000,000 shall be reduced by—
A fraternal benefit association which is—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Civil Service Reform Act of 1978House: no recorded tallySenate: no recorded tally