Oregon Revised Statutes
Or. Rev. Stat. § 731.126 (2026)
“Reinsurance.”
✓ current as of May 2026
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731.126 “Reinsurance.” “Reinsurance” means a contract under which an originating insurer, called the “ceding” insurer, procures insurance for itself in another insurer, called the “assuming” insurer or the “reinsurer,” with respect to part or all of an insurance risk of the originating insurer. [1967 c.359 §26]
731.130 [Repealed by 1965 c.241 §3]
Notes of Decisions
Cited in 5
cases, 1991–2007 · leading case: State Ex Rel. Neidig v. Superior Nat'l Ins., 173 P.3d 123 (Or. 2007).
State Ex Rel. Neidig v. Superior Nat'l Ins., 173 P.3d 123 (Or. 2007). “” ORS 731.126 provides: “ ‘Reinsurance’ means a contract under which an originating insurer, called the ‘ceding’ insurer, procures insurance for itself in another insurer, called the ‘assuming’ insurer or the ‘reinsurer,’ with respect to part or all of an insurance risk of the…”
Goddard v. Farmers Ins. Co. of Oregon, 120 P.3d 1260 (Or. Ct. App. 2005). “435; ORS 731.126; ORS 735.605; ORS 806.060. (3) The legislature has enacted no statutes that style pooling agreements among insurance companies as a species of “liability insurance.”
State ex rel. Neidig v. Superior Nat'l Ins., 144 P.3d 1030 (Or. Ct. App. 2006). “” ORS 731.126. Before an insurer may take a credit for reinsurance, the reinsurer must deposit with DOBS an amount equal to the credit to be taken.”
State v. Superior Nat'l Ins. Co., 144 P.3d 1030 (Or. Ct. App. 2006). “" ORS 731.126. Before an insurer may take a credit for reinsurance, the reinsurer must deposit with DCBS an amount equal to the credit to be taken.”
Beverly Enter., Inc. v. Senior Servs. Div., 809 P.2d 1360 (Or. Ct. App. 1991). “ORS 731.126 defines “reinsurance” as “a contract under which an originating insurer, called the ‘ceding’ insurer, procures insurance for itself in another insurer, called the ‘assuming’ insurer or the ‘reinsurer,’ with respect to part or all of the insurance risk of the…”
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