What do we call an insurance company that is incorporated outside the United States?

An insurance company that is incorporated outside the United States is referred to as an alien insurer. This term specifically designates companies that are established in other countries while operating within the U.S. market. The distinction is essential for regulatory and operational reasons, as alien insurers must comply with both their home country’s laws and the regulations of each U.S. state where they conduct business.

Foreign insurers, in contrast, are those incorporated in another state within the U.S. but not the state in question. A domestic insurer is one that is based in the same state where it is doing business. An authorized insurer is a company that has obtained the necessary permits to operate in a specific state. Since an alien insurer navigates between international and U.S. regulations, this classification is vital for understanding the insurance landscape and ensuring compliance with laws in both jurisdictions.