{"data":{"id":"us-nj/n.j.-stat.-17b-18-62","jurisdiction":"us-nj","citation":"N.J. Stat. § 17B:18-62","heading":"\"Reinsurance\"  defined","body":"\"Reinsurance\"  is a contract under which an originating insurer, called the   \"ceding insurer\" , procures insurance for itself in another insurer, called  the  \"assuming insurer,\"  with respect to part or all of an insurance risk of  the originating insurer.\nL.1971, c. 144, s. 17B:18-62.","path":["TITLE 17B INSURANCE"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"14d29cfe25b5076d987111c64610e4ea445b13027dd70ea71cfbb2c595371fb9","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-17b-18-61","next":"us-nj/n.j.-stat.-17b-18-63"},"notice":"GroundRules: Original legal text. Not legal advice."}