MLchartDataset catalogue

Nonadmitted insurance-international

Term · Insurance and risk management · MLC-T-INS-002314

Insurance coverage placed with an insurer not licensed in the country where the risk is located. This practice is common for multinational corporations seeking global coverage uniformity or for unique risks not adequately covered by local markets. It often involves complex tax and regulatory considerations in multiple jurisdictions.

Table 1. Record
IdentifierMLC-T-INS-002314
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002314",
  "term": "Nonadmitted insurance-international",
  "field": "Insurance and risk management",
  "definition": "Insurance coverage placed with an insurer not licensed in the country where the risk is located. This practice is common for multinational corporations seeking global coverage uniformity or for unique risks not adequately covered by local markets. It often involves complex tax and regulatory considerations in multiple jurisdictions.",
  "url": "https://mlchart.com/terminology/insurance/nonadmitted-insurance-international/"
}

Record 2,310 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.