Alien

Individual not a citizen or national of the United States but belonging to another country or people; a foreigner. May be referred to as an immigrant when a person from another country comes to settle.

Alien Insurance Company

If an insurance company is incorporated in a country other than the U.S. but is doing business within the U.S., it is known as an alien insurance company. For example, Lloyds London is an alien insurance company in the U.S. Many states have additional financial and reporting requirements to ensure the company is solvent and reputable. The alien company may operate as an admitted or approved non-admitted insurer in a state as long as it meets the financial and reporting requirements for each.Additional types of insurance company designations are domestic and foreign. Since an insurance company is incorporated in only one state and in that state the company is known as a domestic insurance company. In all other states the company operates, it is known as a foreign insurance company. (See Domestic Insurance Company and Foreign Insurance Company for additional information).

Alien insurer

Insurance company residing and incorporated under the laws of a foreign country (e.g., Canada, England). Also called alien carrier or alien company.

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An insurance company formed under the laws of a country other than the one it is doing business in.

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US: An insurer domiciled in and licensed under the laws of a country outside a given jurisdiction. For example, from a U.S. perspective, a Bermuda insurer would be an alien insurer.

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An insurer formed under the laws of a different country than the one it operates in.

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An insurer incorporated in a foreign country, doing business in a given state.

 

 

 

Alienate

To put with title to property. Thus, public liability policies cover the liability of the insured arising out of a condition or conditions in premises alienated by him, but do not cover liability for damages to the premises themselves resulting in from such a condition.