AN ACT concerning insurance; relating to the regulation thereof; pertaining to credit for reinsurance; risk-based capital requirements; updating requirements for when credit for reinsurance may be granted to an assuming insurer that is not licensed, accredited or certified to transact insurance or reinsurance in this state; updating the version of instructions in effect; amending K.S.A. 40-221a and 40-2c01 and repealing the existing sections.