SEC. 222. No life insurance company doing business in the
Philippines shall reinsured its whole risk on any individual life or
joint lives, or substantially all of its insurance in force, without
having first obtained the written permission of the Commissioner.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationPD 612 (The Insurance Code) Section 222 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).