ACCREDITED REINSURERS

Pursuant to W.S. § 26-5-112(a)(ii) ↗ and Chapter 50, Section 5* of the Wyoming Insurance Department’s Regulations, each accredited reinsurer shall file a properly executed Form AR-1* as evidence of its submission to the state of Wyoming’s jurisdiction and to the state of Wyoming’s authority to examine its books and records.

ANNUAL FILING INSTRUCTIONS

***Annual Filings will not be accepted as complete/renewed without all forms and fees***

In accordance with W.S. § 26-5-112(a)(ii)(D) ↗, accredited reinsurers in the State of Wyoming are required to file the following annually:

1. A hard copy of your annual statement as filed with your domicile state. The hard copy requirement is waived for companies that file their annual statement electronically with the NAIC. The annual statement should include only the supplements you are required to file with your domicile state. Quarterly statements and holding company statements are not required. This submission is to be filed no later than March 1 annually.
   
   

2. $25 annual renewal fee (Due prior to March 1 annually). Wyoming requires payments be made electronically via Sircon ↗. To use this service you must be a Sircon account holder. If you do not have a Sircon account you may establish one through their carrier signup page ↗.
   
   It is important to note the $25.00 annual statement fee is the only fee that Accredited Reinsurers are required to pay. The Department does not require or accept annual or quarterly premium tax returns, or related fees from Accredited or Trusteed Reinsurers. Only companies holding a Wyoming Certificate of Authority are required to submit these tax filings. Accredited Reinsurer filings entered through the NAIC OPTins program may not be credited or refunded.
   
   

3. A copy of your most recent audited financial statement as filed with your domicile state. The audited financial statement is due on or before June 1 annually. These should be uploaded electronically through our Document Submission Portal↗. If there are updates to your mailing address, statutory home address, or state of domicile, please submit these changes via a Company Address Change Request ↗.

If you wish to withdraw your registration, send your request on company letterhead with explanation and confirmation that there are no outstanding claims or reinsurance liabilities for Wyoming cedants.

Please direct all inquiries to Tammy Rathburn.