The State of New Jersey
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Reciprocal Jurisdiction Reinsurers

Reinsurers may apply for status as a reciprocal jurisdiction reinsurer. A reinsurer that is licensed to write reinsurance by, and has its head office or is domiciled in a reciprocal jurisdiction is not required to post reinsurance collateral if the reinsurer meets all of the requirements of the Credit for Reinsurance laws. Please see N.J.S.A.17:51B-2.e and N.J.A.C. 11:2-28 7E for the law and administrative rules applicable to reciprocal jurisdiction reinsurers. 

If an applicant has been recognized as a reciprocal jurisdiction reinsurer in an NAIC accredited jurisdiction, New Jersey has the discretion to defer to that lead state's determination through the passporting process.

Application and Filing Procedures - Initial and Renewal

Applicants shall submit the following for both initial and renewal applications:

  1. Uniform Checklist for Reciprocal Jurisdiction Reinsurers, including all necessary corresponding documentation detailed in the checklist. If the applicant is requesting New Jersey to be the lead state, Part 1 should be completed. If applicant is recognized as a reciprocal jurisdiction reinsurer in another NAIC accredited jurisdiction, only Part II should be completed.
  2. Form RJ-1.
  3. Any other documentation deemed necessary by the Commissioner.

Initial and renewal applications for reciprocal jurisdiction reinsurers where New Jersey is the lead state should be submitted by June 30 to maintain the reinsurer’s status for the upcoming year.

Initial and renewal applications for reciprocal jurisdiction reinsurers for passporting should be submitted by October 1 to maintain the reinsurer’s status for the upcoming year.

The reciprocal jurisdiction reinsurer status will run through the end of the calendar year unless otherwise determined by the Commissioner.

  Uniform Checklist for Reciprocal Jurisdiction Reinsurers
  RJ-1 Certificate of Reinsurer Domiciled in a Reciprocal Jurisdiction
Listing of Reciprocal Jurisdiction Reinsurers

Pursuant to N.J.S.A.17:51B-2.e(3) and N.J.A.C. 11:2-28 7E(e), the Commissioner is required to publish a list of the reinsurers that have satisfied the conditions established in applicable law for recognition as a reciprocal jurisdiction reinsurer.

Reciprocal Jurisdiction Reinsurer Federal/
Alien ID
Arch Reinsurance Ltd.  AA-3194126 01/01/2022 12/31/2024
Ascot Bermuda Limited AA-3191352 08/31/2022 12/31/2024
Aspen Bermuda Limited AA-3194168 01/07/2022 12/31/2024
AXA XL Reinsurance Ltd. AA-3191454 07/28/2023 12/31/2024
Chubb European Group SE      AA-1320152 01/01/2023 12/31/2024
Chubb Tempest Reinsurance Ltd.    AA-3190770 01/01/2022 12/31/2024
Conduit Reinsurance Limited AA-3191435 01/01/2024 12/31/2024
Convex Insurance UK Limited    AA-1120191 01/01/2022 12/31/2024
Convex Re Limited AA-3191400 01/01/2022 12/31/2024
DaVinci Reinsurance Ltd. AA-3194122 01/01/2022 12/31/2024
DEVK Rückversicherungs- und Beteiligungs-AG – DEVK RE AA-1340028 01/01/2023 12/31/2024
Endurance Specialty Insurance Ltd. AA-3194130 01/01/2024 12/31/2024
Fidelis Insurance Bermuda Limited AA-3191829 09/28/2022 12/31/2024
Fidelis Underwriting Limited AA-1120175 08/31/2022 12/31/2024
Fortitude Reinsurance Company Ltd. AA-3191485 01/01/2022 12/31/2024
Group Ark Insurance Limited AA-3191437 01/01/2023 12/31/2024
Hannover Life Reassurance Company of America (Bermuda) Ltd. AA-3191255 11/02/2022 12/31/2024
Hannover Re (Ireland) DAC AA-1780044 01/01/2023 12/31/2024
Hannover Rück SE AA-1340125 01/01/2023 12/31/2024
Hiscox Insurance Company (Bermuda) Ltd. AA-3190875 01/01/2023 12/31/2024
Lancashire Insurance Company Limited AA-3190871 01/01/2022 12/31/2024
Liberty Mutual Insurance Europe SE AA-1370048 01/01/2024 12/31/2024
Lumen Re Ltd. AA-3191239 01/01/2024 12/31/2024
MAPFRE RE, Compania de Reaseguros, S.A. AA-1840000 01/01/2023 12/31/2024
MS Amlin AG AA-1460019 01/01/2022 12/31/2024
Munich Re AA-1340165 01/01/2023 12/31/2024
New Reinsurance Company Ltd. AA-1460100 04/01/2022 12/31/2024
Partner Reinsurance Company Ltd.   AA-3190686 01/01/2023 12/31/2024
Partner Reinsurance Europe SE AA-1780078 01/01/2022 12/31/2024
Renaissance Reinsurance Ltd. AA-3190339 01/01/2022 12/31/2024
RenaissanceRe Europe AG AA-1460023 01/01/2022 12/31/2024
RenaissanceRe Specialty U.S. Ltd. AA-3191238 01/01/2022 12/31/2024
Resolution Re Ltd. AA-3191476 11/09/2022 12/31/2024
RGA Americas Reinsurance Company, Ltd. AA-3191275 01/01/2023 12/31/2024
Somers Re Ltd. AA-3191250 01/01/2022 12/31/2024
Somerset Reinsurance Ltd. AA-3191332 03/29/2022 12/31/2024
Swiss Reinsurance Company Ltd.   AA-1460146 01/01/2023 12/31/2024
TransRe Europe S.A. AA-1370051 01/01/2024 12/31/2024
TransRe London Limited AA-1120159 01/01/2024 12/31/2024
Underwriters at Lloyd’s AA-1122000 01/01/2022 12/31/2024
Validus Reinsurance, Ltd. AA-3190870 10/01/2022 12/31/2024
Validus Reinsurance (Switzerland) Ltd.     AA-1460006 10/01/2022 12/31/2024
Vermeer Reinsurance Ltd. AA-3191388 05/09/2022 12/31/2024
VIG RE zajišťovna, a.s. AA-9350006 01/01/2024 12/31/2024
Wilton Re Overseas Limited AA-3191521 01/01/2024 12/31/2024
XL Re Europe SE AA-1780072 01/01/2024 12/31/2024
Reciprocal Jurisdictions

Pursuant to N.J.S.A.17:51B-2.e(2) and N.J.A.C. 11:2-28 7E(d) the Commissioner is required to publish a list of reciprocal jurisdictions.

Non-US jurisdictions that are the subject of in-force covered agreements with the United States, or in the case of a covered agreement between the United States and European Union, is a member state of the European Union, shall be recognized by the Commissioner as a reciprocal jurisdiction. 

Reciprocal Jurisdictions

NOTE: In addition to the list above, any U.S. jurisdiction that meets the requirements for accreditation under the NAIC financial standards and accreditation program are recognized as reciprocal jurisdictions pursuant to N.J.S.A.17:51B-2.e(1)(a)(ii).

OPRA is a state law that was enacted to give the public greater access to government records maintained by public agencies in New Jersey.
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