All applications and renewal filings should be directed to the Company Licensing and Examinations Division at

Reinsurance credit is permitted under the provisions of N.D.C.C. § 26.1-31.2-01 when the assuming insurer is certified as a reinsurer in North Dakota. N.D. Admin. Code § 45-03-07.1-04.1 also contains requirements for certification.

An insurer seeking to be registered in North Dakota as a certified reinsurer through the passporting process must submit a complete application consisting of a request letter and the following information:

  • Verification of Certification issued by a National Association of Insurance Commissioners (NAIC) Accredited Jurisdiction. The applicant must provide a copy of the approval letter or other documentation provided by the NAIC accredited jurisdiction. At a minimum, this letter must confirm the following items:
    • Name of state(s) that the applicant is currently certified in,
    • The rating and collateral percentage assigned to the applicant,
    • The effective and expiration dates of the applicant’s certification,
    • The lines of business to which the certification is applicable, and
    • The applicant’s commitment to comply with all requirements to maintain certification.
  • Mechanisms used to secure obligations incurred as a Certified Reinsurer:
    • The applicant must specify the mechanisms it will use to secure obligations incurred as a Certified Reinsurer. If the applicant intends to utilize a multi-beneficiary trust for this purpose, it must submit the form of the trust that will be used to secure obligations incurred as a certified reinsurer and the form of the trust that will be used to secure obligations incurred outside of the applicant’s certified reinsurer status (e.g., the applicant’s 100 percent collateralized trust, if applicable).
  • Certificate of Certified Reinsurer (Form CR-1) (SFN 60995) must be completed and signed by the applicant.

Once the passporting application is deemed complete, a notice will be posted on the North Dakota Insurance Department’s website for public comment for a 30 day period. After the 30 day period has expired, the Department will review any comments received and, if appropriate, issue an approval letter if the application is approved. An application may be filed at any time throughout the year.

All applications should be directed to the Company Licensing and Examinations Division.

If the applicant intends to apply for full certification in North Dakota, please contact the Company Licensing and Examinations Division Director.

Qualified Jurisdictions

As of August 24, 2015

United Kingdom

Certified Reinsurers
Federal/Alien ID Certified Reinsurer Name Qualified Jurisdiction Effective Date  Financial Strength Rating
AA-3194168 Aspen Bermuda Limited  Bermuda  Jan. 1, 2016 Secure - 4
AA-1340125 Hannover Ruck SE  Germany  April 29, 2016 Secure - 2
AA-3194130 Endurance Specialty Insurance, Ltd.  Bermuda  July 1, 2016 Secure - 3
AA-3194126 Arch Reinsurance, Ltd.  Bermuda  Aug. 5, 2016 Secure - 3
AA-3191274 Equator Reinsurances Limited  Bermuda  Sept. 12, 2016 Secure - 3
AA-1120159 TransRe London Limited


 Jan. 1, 2020 Secure - 3
AA-3191250 Somers Re Ltd fka Watford Re Ltd  Bermuda  April 17, 2020 Secure - 4
AA-1320152 Chubb European Group SE  France  Jan. 1, 2021 Secure - 2
AA-1120175 Fidelis Underwriting Limited United Kingdom Jan. 1, 2022 Secure - 4

There were no certified reinsurers whose rating was downgraded or status was revoked, or that withdrew during the past year.