The-definition.com

Definition

Foreign insurer

Foreign insurer is an insurance company chartered by one state but licensed to do business in another.

Share it:  Cite

More from this Section

  • Hague Rules
    Hague Rules is anternational Convention for the Unification of Certain Rules relating ...
  • Efficient market hypothesis
    Efficient market hypothesis is the application of the theory of rational expectations ...
  • The accounts of the BOP
    The BOP is composed of two primary subaccounts, the Current Account and the Capital/ Financial ...
  • Warranties
    Warranties is a section within a loan agreement in which a borrower affirms to the lender ...
  • Currency Board
    A currency board exists when a country’s central bank commits to back its monetary base- ...