(1) The assuming insurer shall report annually to the superintendent information substantially the same as that required to be reported on the National Association of Insurance Commissioners Annual Statement form by licensed insurers to enable the superintendent to determine the sufficiency of the trust fund.

(2) In the case of a single assuming insurer, the trust must consist of a trusteed account representing the assuming insurer's liabilities attributable to business written in the reinsurance ceded by United States ceding insurers and, in addition, include a trusteed surplus of at least $20,000,000.

(3) In the case of a A group of incorporated insurers under common administration that is under the supervision of the Department of Trade and Industry of the United Kingdom, may in the superintendent's discretion secure its obligations with a pooled trust fund if the group must have has an aggregate policyholders' surplus of $10,000,000,000 and the has continuously transacted insurance during the 3 years preceding the period for which credit for reinsurance is to be taken.__The trust must be in an amount equal to the group's several liabilities attributable to business written in the reinsurance ceded by United States ceding insurers. In addition, the group shall maintain a joint trusteed surplus of which at least $100,000,000 is that must be held jointly for the benefit of the United States ceding insurers of any member of the group. Each member of the group shall make available to the superintendent an annual certification of the member's solvency by that member's domiciliary regulator and the member's independent public accountant. Each group member shall comply with the filing requirements of subparagraph 1, submit to the State's authority to examine the member's books and records, and bear the expense of the examination.

(4) In the case of a A group including incorporated and individual unincorporated underwriters, may secure its obligations with a pooled trust fund if the trust must consist consists of a trusteed account representing in an amount at least equal to the group's liabilities attributable to business written in the