Insurance Code section 621

A reinsurance is presumed to be a contract of indemnity against liability, and not merely against damage.

Source: Section 621, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=621. (updated Jan. 1, 1935; accessed Sep. 22, 2025).

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Verified:
Sep. 22, 2025

§ 621's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_621

Original Source: Section 621, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=621. (last accessed May 12, 2025).