Section 186
SEC. 186. To determine the liability upon the contracts of insurance of any foreign or domestic insurance company, other than life, the Insurance Commissioner shall require such companies to charge as the liabilities for reinsurance of its outstanding policies, in addition to the capital stock and all outstanding claims, a sum equal to fifty per cent of the gross premiums received on policies or risks having not more than a year to run, and pro rata on all gross premiums received having more than a year to run: Provided, That for marine risks the insuring company shall be required to charge as the liability for reinsurance fifty per centum of the premiums written in the policies upon yearly risks, and the full amount of the premiums written in the policies upon all other marine risks not terminated.