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An insurer formed under the laws of another country is referred to as an alien insurer. This term specifically describes insurance companies that are incorporated and operate outside of the country in which they are providing insurance coverage.

The concept of alien insurers is essential in understanding the global nature of the insurance industry, where insurers may be based in various countries but still offer their services in different jurisdictions. This can impact regulatory requirements, taxation, and the treatment of policies issued by such companies.

Domestic insurers are those operating within the state they are incorporated in, while foreign insurers are typically defined as those based in one state but operating in another within the same country. The term international insurer doesn't specifically correspond to the legal designation given to companies formed in other countries, making alien insurer the most precise term in this context.