What do you call a Texas insurance company that is licensed to operate in another country?

The term used to describe a Texas insurance company that is licensed to operate in another country is "Alien Company." In the context of insurance, an alien company refers to an insurer that is organized or incorporated under the laws of a country outside the jurisdiction where it is operating. In this case, if a Texas insurance company is authorized to conduct business in another country, it qualifies as an alien company because it originates in a different nation but operates in Texas.

Understanding this terminology is crucial for anyone working in the insurance industry, as it helps clarify the status and regulatory implications for different types of insurance companies based on their geographic origin. This also differentiates them from domestic companies, which are those incorporated in Texas, and foreign companies, which are formed in other U.S. states but operate in Texas. The distinction is important for compliance, regulation, and operational strategies within the insurance market.