{"data":{"id":"us-ky/krs-304.5-130","jurisdiction":"us-ky","citation":"KRS 304.5-130","heading":"\"Reinsurance\" defined.","body":"\"Reinsurance\" is a contract under which an originating insurer (called the \"ceding\"\ninsurer) procures insurance for itself in another insurer (called the \"assuming\" insurer or\nthe \"reinsurer\") with respect to part or all of an insurance risk of the originating insurer.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16765","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:38Z","sha256":"aa565853cec7f527f2d0ecf4699ae304347c5b2ceb07904b423d44ee708c1f0e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.5-120","next":"us-ky/krs-304.5-140"},"notice":"GroundRules: Original legal text. Not legal advice."}