{"data":{"id":"us-tx/tex.-insurance-code-493.103","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 493.103","heading":"ACCREDITED REINSURER.","body":"For purposes of Section 493.102(a)(2), an insurer is accredited as a reinsurer in this state if the insurer:\n(1) submits to this state's jurisdiction;\n(2) submits to this state's authority to examine the insurer's books and records;\n(3) is domiciled and authorized to engage in the business of insurance or reinsurance in at least one state or, if the insurer is a United States branch of an alien assuming insurer, is entered through and authorized to engage in the business of insurance or reinsurance in at least one state;\n(4) annually files with the department a copy of the annual statement the insurer files with the insurance department of the insurer's state of domicile; and\n(5) maintains a surplus as regards policyholders in an amount of at least $20 million.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.","path":["INSURANCE CODE","TITLE 4. REGULATION OF SOLVENCY","SUBTITLE F. REINSURANCE","CHAPTER 493. AUTHORIZED REINSURANCE; CREDIT AND ACCOUNTING","SUBCHAPTER C. CREDIT FOR REINSURANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.493.htm#493.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"29a9660bce296375d859cb1a228aa66850a26978775704a516c01eae8da79070","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-493.102","next":"us-tx/tex.-insurance-code-493.1033"},"notice":"GroundRules: Original legal text. Not legal advice."}