the arrangement of insurance





Others limit the degree to which their nationals may contract with non-privately regulated guarantors. Each created sovereign state regulates the arrangement of insurance in various ways. Some regulate all insurance movement occurring inside the specific purview, yet enable their nationals to buy insurance "offshore". In outcome, a complicated obfuscate has created in which numerous international safety net providers give insurance coverage on an unlicensed or "non-conceded" premise with almost no information of whether the specific locale in or into which cover is given is one that denies the arrangement of insurance cover or the doing of insurance business without a licence.