Medium
All applications and renewal filings should be directed to the Company Licensing and Examinations Division at colicexam@nd.gov.
Reinsurance credit is permitted under the provisions of N.D.C.C. § 26.1-31.2-01, subsection 7, when the assuming insurer is approved as a reciprocal jurisdiction reinsurer in North Dakota. N.D. Admin. Code § 45-03-07.1-04.2 also contains requirements for approval.
An insurer seeking to become a reciprocal jurisdiction reinsurer in North Dakota must submit an application following the Uniform Checklist for Reciprocal Jurisdiction Reinsurers. A completed Form RJ-1 must also be submitted.
Current List of Reciprocal Jurisdictions
- Members of the European Union
- Bermuda
- Japan
- Switzerland
- United Kingdom
- U.S. Accredited Jurisdiction
Current List of Reciprocal Reinsurers
Reciprocal Reinsurer No. | Reciprocal Reinsurer | Qualified Jurisdiction | Lead State | Effective Date |
RJ-3191400 | Convex Re Limited | Bermuda | California | 1/1/2022 |
RJ-1120191 | Convex Insurance UK Limited | Bermuda | California | 1/1/2022 |
RJ-3194168 | Aspen Bermuda Limited | Bermuda | Texas | 1/1/2022 |
Multiple; See Lloyd’s list on NAIC site | Underwriters at Lloyd's | United Kingdom | Colorado | 1/1/2022 |