Insurers.globalNorth America

9 classes

What insurers are licensed to write

Each of the 3,395 entities carries one licence class as recorded by its supervisor, or inferred from its name where the register does not state one (the EIOPA register for EU/EEA undertakings). Composite licences, which allow both life and non-life business, survive mainly in markets that have not yet mandated separation.

Code G

General (Non-life)

1477 entities in 3 of 5 countries

Short-term property, casualty, motor, marine and other non-life covers.

Code K

Captive / Risk retention group

842 entities in 1 of 5 countries

Captives, risk retention groups, sponsored cells and special-purpose reinsurers licensed in a captive domicile to insure their owners’ risks.

Code L

Life

603 entities in 4 of 5 countries

Long-term life assurance, annuities, pensions and savings products.

Code R

Reinsurer

219 entities in 3 of 5 countries

Carriers that accept risk ceded by primary insurers.

Code H

Health / Medical

125 entities in 3 of 5 countries

Medical, health and hospital cash insurers licensed separately from life.

Code X

Specialty / Credit / Captive

51 entities in 2 of 5 countries

Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

Code F

Funeral / Assistance

41 entities in 2 of 5 countries

Funeral, assistance and burial benefit providers.

Code M

Microinsurer

19 entities in 2 of 5 countries

Low-premium covers for low-income households and small businesses.

Code C

Composite

18 entities in 2 of 5 countries

Licensed to write both life and non-life business under one entity.