# Insurance (GIN)

## Title 5. Assets, Liabilities, Reserves, and Investments of Insurers

### Subtitle 6. Investments of Insurers Other Than Life Insurers

#### Section 5-606

(a)

  (1) Except as otherwise specifically provided in this subtitle, an insurer may not have more than 10% of its total admitted assets invested in or lent on the securities of one person.

  (2) Paragraph (1) of this subsection does not apply to:

    (i) the classes of governmental obligations eligible for minimum capital investments of the insurer, including those obligations eligible under Sec. 5-608(l) of this subtitle; or

    (ii) investments in stock of other insurers.

(b) An insurer may not acquire the kind of real property specified in Sec. 5-608(n)(1)(i) and (ii) of this subtitle if the value of the real property, plus the value of all of the real property then held by the insurer, exceeds 10% of the insurer's total admitted assets.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)