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RM-2.1.5

The licensee should consider these and other credit risk factors that may affect the licensee's solvency:

(a) The credit-worthiness of its reinsurers;
(b) The financial effect of non-performance of the reinsurance; and
(c) The financial effect of non-payment of premiums, by debtors such as intermediaries and policyholders.
Amended: January 2007