Section 411-A:29 Investments in Foreign Countries. - New Hampshire Statutes

An insurer transacting business in a foreign country may invest funds, in an aggregate amount not exceeding its deposit and reserve obligations incurred in such country, in conformity with the laws thereof in the same kinds of securities and investments of or in such country as the insurer is authorized to invest in or acquire under other provisions of this chapter. In addition to foreign investments permitted by the preceding sentence, insurers may have not over 10 percent of assets invested in such securities and investments of or in foreign countries, other than Canada.

Source. 1978, 11:1, eff. July 1, 1978. 2009, 186:12, eff. Jan. 1, 2010.