Arkanss Insurance Department

 

Finance Home

Certified Reinsurer

Certification Procedure

In order to obtain certification in Arkansas as a Certified Reinsurer, a Uniform Application Checklist for Certified Reinsurers shall be submitted along with any other reasonable requirements deemed necessary for certification by the Commissioner.    Please see Ark. Code Ann. §§ 23-62-301, et seq., and Arkansas Insurance Department Rule 65 for the applicable law and regulation on certified reinsurers.

The Commissioner shall post notice on the Insurance Department’s website upon receipt of any application for certification. The Commissioner may not take final action on the application until at least thirty (30) days after posting the notice.

Any person who objects to an applicant listed below being licensed as a Certified Reinsurer in Arkansas should address written comments, specifying with reasonable detail the nature of the objection, to the attention of Kimberly S. Johnson, Insurance Examiner, Arkansas Insurance Department, 1200 W Third Street, Little Rock, AR 72201-1904.  Objections are to be received by the response deadline date mentioned below.

 

 

 

 

Pending Applications

Date Application Received

Public Comment Deadline

TransRe London Limited

February 22, 2017

3/24/2017

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Listing of Certified Reinsurers

Secure Rating

Effective Date

Allied World Assurance Co. Ltd.

3

1/1/2016

Hannover Ruck SE

2

1/1/2016

Arch Reinsurance Ltd.

3

1/1/2017

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-

 

 

 

 

Listing of Qualified Jurisdictions

Effective Date

Bermuda

January 1, 2014

France

January 1, 2015

Germany

January 1, 2014

Ireland

January 1, 2015

Japan

January 1, 2015

Switzerland

January 1, 2014

United Kingdom

January 1, 2014

 

 

Application Checklist

Uniform Application Checklist for Certified Reinsurers

For Initial and Renewal Applications #

pdf 

 

 

Forms

Form CR-1 – Certificate of Certified Reinsurer

For Initial and Renewal Applications

pdf

Form CR-F -  Property/Casualty

Part 1- Assumed Reinsurance
Part 2- Ceded Reinsurance

pdf

 

Instructions for the Form CR-F

pdf

Form CR-S - Life, Annuities and Accident & Health

Part 1- Assumed Reinsurance
Part 2- Ceded Reinsurance

pdf

 

Instructions for the Form CR-S

pdf

 


# The filing of any initial or renewal application for certification as a certified reinsurer must be accompanied with a filing fee of five hundred dollars ($500) per Arkansas Bulletin No. 18-2015.

 

      

Contact:

 

Submit all Applications to the Attention of:

 

Kimberly Johnson, PIR, Insurance Examiner

Arkansas Insurance Department/Finance Division

1200 West Third Street, Little Rock, AR 72201-1904

501-371-2680      fax 501-371-2747     Kimberly.johnson@arkansas.gov

Website: http://www.insurance.arkansas.gov/finance.htm