asked 64.2k views
4 votes
Which type of insurer is incorporated or organized under the laws of a country other than the United States?

A. foreign
B. domestic
C. alien
D. international

1 Answer

2 votes

Final answer:

An insurer incorporated under the laws of a country other than the United States is referred to as an alien insurer.

Step-by-step explanation:

An insurer that is incorporated or organized under the laws of a country other than the United States is known as an alien insurer. This classification is used to identify insurance companies in the U.S. insurance market that are not domestic (U.S.-based) or foreign (based in another state within the United States), but rather are incorporated in a different country altogether. This type of insurer may still operate in the United States under certain regulatory conditions.

Answer: C. alien

answered
User Nikunj Kabariya
by
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