---
urn: urn:us-la:rs:22:1726
citation: "R.S. 22:1726"
status: active
breadcrumb: "Title 22 › Chapter 5 › Part VI"
acts_citations:
  - { year: 1992, number: 811, section: 1, effective_date: null, role: enactment }
  - { year: 2011, number: 94, section: 1, effective_date: 2012-01-01, role: amendment }
  - { year: 2022, number: 161, section: 1, effective_date: null, role: amendment }
---

# Duties of insurers utilizing the services of a reinsurance intermediary-broker

A. An insurer shall not engage the services of any person to act as a reinsurance intermediary-broker on its behalf, unless such person is licensed as required by R.S. 22:1723(A).

B. An insurer may not employ an individual who is employed by a reinsurance intermediary-broker with which it transacts business, unless such reinsurance intermediary-broker is under common control with the insurer and subject to the Insurance Holding Company System Regulatory Law, R.S. 22:691.1 et seq.

C. The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance intermediary-broker with which it transacts business.