Reciprocal Jurisdiction Reinsurers

Initial Filing Instructions for Reciprocal Jurisdiction Reinsurer Status

The following applications and material are based on N.C. Gen. Stat. §58-7-21(b)(4b). An application consists of a completed checklist and all of the necessary corresponding exhibits.

Full Application

Reciprocal jurisdiction reinsurers requesting North Carolina to act as its “Lead State” for NAIC Reinsurance Financial Analysis (E) Working Group (ReFAWG) and passporting purposes should file a full application, meaning complete Section I on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

Passport Application

Reciprocal jurisdiction reinsurers who have established their Lead State with an NAIC accredited jurisdiction other than North Carolina, whose initial application has been reviewed by ReFAWG, and would like their reciprocal jurisdiction reinsurer status recognized in North Carolina should file a passport application, meaning complete Section II on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

Maintaining Reciprocal Jurisdiction Reinsurer Status

Pursuant to N.C. Gen. Stat. §58-7-21(b)(4b), a reciprocal jurisdiction reinsurer must annually file specific information to maintain reciprocal jurisdiction reinsurer status.

Annual Renewal Application

Reciprocal jurisdiction reinsurers that filed a full application in North Carolina should annually complete Section I on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

All required documents must be filed no later than June 30.

Annual Passport Application

Reciprocal jurisdiction reinsurers that have passported into North Carolina should annually complete Section II on the Uniform Checklist for Reciprocal Jurisdiction Reinsurers and file all of the necessary corresponding exhibits detailed in that section of the checklist.

All required documents must be filed no later than December 1.

Listing of Reciprocal Jurisdiction Reinsurers in North Carolina

Listing of Reciprocal Jurisdictions

NAIC List of Reciprocal Jurisdictions

Contact Information

Questions concerning reciprocal jurisdiction reinsurers or the application or renewal process can be directed to:

Scott Wicker     
Company Admissions Manager     
919-807-6142     
scott.wicker@ncdoi.gov