# COMAR 31.05.08.07: COMAR 31.05.08.07. Suspension or Revocation of Accreditation

> Maryland · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_07

## Section

- **Citation:** COMAR 31.05.08.07
- **Heading:** COMAR 31.05.08.07. Suspension or Revocation of Accreditation
- **Jurisdiction:** Maryland
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Code of Maryland Regulations / Title 31 MARYLAND INSURANCE ADMINISTRATION / Subtitle 05 ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS / Chapter 08 Credit for Reinsurance / COMAR 31.05.08.07

## Text

Contracts not qualifying for credit after suspension or revocation beyond secured obligations:
A. While a reinsurer’s accreditation or certification is suspended, a reinsurance contract issued or renewed after the effective date of the suspension does not qualify for credit except to the extent the reinsurer’s obligations under the contract are secured in accordance with Insurance Article, §5-914, Annotated Code of Maryland .
B. If a reinsurer’s accreditation or certification is revoked, credit for reinsurance may not be granted after the effective date of the revocation except to the extent that the reinsurer’s obligations under the contract are secured in accordance with Insurance Article, §5-911 or 5-914, Annotated Code of Maryland.
Cross References 31.05.08.03B

## Nearby sections

- [COMAR 31.05.08.01 COMAR 31.05.08.01. Applicability](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_01.md)
- [COMAR 31.05.08.02 COMAR 31.05.08.02. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_02.md)
- [COMAR 31.05.08.03 COMAR 31.05.08.03. Credit for Reinsurance](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_03.md)
- [COMAR 31.05.08.04 COMAR 31.05.08.04. Approval Required for Accreditation of Reinsurer](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_04.md)
- [COMAR 31.05.08.05 COMAR 31.05.08.05. Requirements for Accredited Reinsurer](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_05.md)
- [COMAR 31.05.08.06 COMAR 31.05.08.06. Examination of Accredited Reinsurer](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_06.md)
- [COMAR 31.05.08.07 COMAR 31.05.08.07. Suspension or Revocation of Accreditation](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_07.md)
- [COMAR 31.05.08.08 COMAR 31.05.08.08. Credit for Reinsurance — Reinsurers Maintaining Trust Funds for Multiple Cedents — General Requirements](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_08.md)
- [COMAR 31.05.08.09 COMAR 31.05.08.09. Credit for Reinsurance — Reinsurers Maintaining Trust Funds for Multiple Cedents — Trusts](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_09.md)
- [COMAR 31.05.08.10 COMAR 31.05.08.10. Credit for Reinsurance — Reinsurers Maintaining Trust Funds for Multiple Cedents — Assets Deposited in the Trust](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_10.md)
- [COMAR 31.05.08.11 COMAR 31.05.08.11. Credit for Reinsurance—Reinsurers Maintaining Trust Funds for Multiple Cedents—Additional Security](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_11.md)
- [COMAR 31.05.08.12 COMAR 31.05.08.12. Credit for Reinsurance Required by Law](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_12.md)
- [COMAR 31.05.08.14 COMAR 31.05.08.14. Reduction from Liability for Reinsurance](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_14.md)
- [COMAR 31.05.08.15 COMAR 31.05.08.15. Required Standards for Trust Agreements Under Regulation .14](https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_15.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MD_COMAR_31_05_08_07. Check the current official text before relying on it. Not legal advice.