Insurance Companies Act
523 (1) A company may, subject to subsection (2) and to Division III of Part VI, cause itself to be reinsured by a related party of the company against any risk undertaken by the company.
Marginal note:Approval necessary
(2) A company may cause itself to be reinsured by a related party of the company that is not a company or a foreign company only with the approval of the Superintendent.
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