Due to the prominence afforded the Quarterly Listing of Alien Insurers in the Nonadmitted Insurance title of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the National Association of Insurance Commissioners (NAIC) said in recognition of the needs of excess and surplus lines producers and consumers to access this information that it would now make this list of insurers available to download from the NAIC.
The listing provides brokers, exempt commercial purchasers, and insureds with assurance as to the eligibility of non-U.S. insurers with which excess and surplus lines insurance business is being quoted or placed.
Going forward, the NAIC announced that the Quarterly Listing of Alien Insurers will be produced in two versions; one that is provided for general users and another that contains additional financial information and is available by subscription. The version of the listing that is provided for all users includes the name of the alien insurer and its Alien Insurer Identification Number (AIIN) and is available for viewing or download from the NAIC website.
The subscription version contains identical information, but also includes an abbreviated description of insurer listing requirements, insurer trust fund minimums and the market value of trust fund assets, various annual financial results, and trustee names and contact information.
For information related to establishing an account and obtaining a subscription to the expanded version of the Quarterly Listing of Alien Insurers, visit the NAIC Store at http://www.naic.org/store_home.htm and select Publications