What Does Authorized Nonadmitted Reinsurer Mean?

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What does Authorized Nonadmitted Reinsurer mean? Read on to discover the definition & meaning of the term Authorized Nonadmitted Reinsurer - to help you better understand the language used in insurance policies.

Authorized Nonadmitted Reinsurer

Authorized Nonadmitted Reinsurer

An unlicensed reinsurer authorized to transact reinsurance in the state or country (having established a trust fund for security).

We hope the you have a better understanding of the meaning of Authorized Nonadmitted Reinsurer.

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