Foreign captive insurance company definition

Foreign captive insurance company means any captive insurance company formed under the laws
Foreign captive insurance company means any captive insurance company formed under the laws of any jurisdiction other than this state.
Foreign captive insurance company means a captive insurance company organized under the laws of a jurisdiction other than the Federated States of Micronesia.

More Definitions of Foreign captive insurance company

Foreign captive insurance company means any insurance company formed to write insurance business for its parent and affiliated companies and licensed pursuant to the laws of a foreign jurisdiction that imposes statutory or regulatory standards on companies transacting the business of insurance in such jurisdiction that the commissioner deems to be acceptable.
Foreign captive insurance company means any insurance

Related to Foreign captive insurance company

  • Captive insurance company means any pure captive insurance company, association captive

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Pure captive insurance company means a company that

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to: