{"data":{"id":"us-gu/22-gca-15111","jurisdiction":"us-gu","citation":"22 GCA § 15111","heading":"Maximum Single Risk.","body":"The maximum single risk which may be assumed by any insurer after deduction of any reinsurance taking effect simultaneously with the policy, shall be ten percent (10%) of the paid in capital and surplus of such insurer; provided, however, that a corporate insurer may assume any net single risk in excess of ten percent (10%) of its capital and surplus if it deposits with the Commissioner, prior to the assumption of said risk, a collateral agreement and collateral security, both of which shall be subject to approval by the Commissioner, in an amount not less than that proportion in excess of the foregoing limitation.","path":["Title 22: Business Regulation","Division 2 - Insurance Law","Chapter 15: Business of Insurance","ARTICLE 1: GENERAL REGULATIONS"],"source_url":"https://col.guamcourts.gov/sites/default/files/22gc015.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T04:17:58Z","sha256":"11a6cc4d1c6563d5c2dfc8881c55962beef5049f35e9ade2250f1fed442d66a0","source_id":"us-gu","stale":false,"prev":"us-gu/22-gca-15110","next":"us-gu/22-gca-15112"},"notice":"GroundRules: Original legal text. Not legal advice."}