What is alien insurer in insurance terms

An alien insurer is an insurance company that is located in one country, but also provides policies for clients in other countries. It is a domestic insurer doing business outside of the county in which it is domiciled.

What is the difference from a foreign insurer from an alien insurer?

(2) A "foreign" insurer is one formed under the laws of the United States, of a state or territory of the United States other than this state, or of the District of Columbia. (3) An "alien" insurer is one formed under the laws of a nation other than the United States.

What are the three types of insurers?

Among the largest categories of insurance companies are accident and health insurers; property and casualty insurers; and financial guarantors.

What is the foreign insurer?

Foreign Insurer — from the U.S. perspective, an insurer domiciled in the United States but outside the state in which the insurance is to be written. In effect, it is a domestic insurer doing business outside of the state in which it is domiciled.

What is an example of a foreign insurer?

For example: A company's home office is located in another state in the U.S. (including D.C., and other U.S. territories) and it is doing business in Florida. In Florida, this company would be known as a Foreign insurer.