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Alien Insurer
(redirected from Alien Insurers)

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Alien Insurer
An insurance company that is organized according to the laws of another jurisdiction, especially another country or state. An alien insurer must alter its practices and perhaps separately incorporate if it wishes to enter a different jurisdiction.
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Prohibits a state from prohibiting a surplus lines broker from placing nonadmitted insurance with, or procuring nonadmitted insurance from, a nonadmitted insurer domiciled outside the United States and listed on the NAIC International Insurers Department Quarterly Listing of Alien Insurers.
Federal surplus lines reform and those devilish details by Mang, Douglas A.; Santurri, Richard J. / Florida Underwriter
[ILLUSTRATION OMITTED] At a minimum, they should become familiar with the three main ways that non-admitted (or unlicensed) alien insurers may insure U.
Overseas insurers: the regulations they face and the implications for ... by Dearie, John P.; Griffin, Michael / Risk Management
Under the coalition proposal, the admitted market would have the same operational and licensing freedom that non-admitted alien insurers enjoy today.
INSURANCE SOLVENCY COALITION ENDORSES FEDERAL CHARTERING PROPOSAL by PR Newswire
 
 
 
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