What does ALIEN INSURER mean?

ALIEN INSURER meaning in Insurance Dictionary

An insurer domiciled in and licensed under the rules of a country outside certain jurisdiction. As an example, from a U.S. point of view, a Bermuda insurer would-be an alien insurer. See in addition International insurer.

ALIEN INSURER meaning in Law Dictionary

in america, an INSURER formed based on the legal needs of a country except that the United States. Being be considered to publish INSURANCE in the us, the alien insurer must adhere to appropriate condition insurance regulations.