As used in this part. (1) "Non-U.S. insurer" means an insurer or reinsurer organized under the laws of a foreign country. (2) "United States branch" or "U.S. branch" means the business unit through which business is transacted within the United States by a non-U.S. insurer and the assets and liabilities of the non-U.S. insurer within the United States pertaining to such business.
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