Rev. Proc. 2003-78, 2003-2 C.B. 1029, provides instructions for establishing an exemption from the section 4371 excise tax on insurance premiums paid to a foreign insurer or reinsurer when the exemption is based on the provisions of an income tax treaty to which the United States is a party. Section 3.01 of Rev. Proc. 2003-78 provides that a person otherwise required to remit the insurance excise tax on account of premiums paid to a foreign insurance or reinsurance company may consider the premiums exempt from the insurance excise tax under an income tax treaty if the premiums are paid to an insurer or reinsurer that is a resident for treaty purposes of a country with which the United States has a treaty containing an excise tax exemption and, prior to filing the return for the taxable period, such person has knowledge that there was in effect for such taxable period a closing agreement between the Internal Revenue Service and the foreign insurer or reinsurer under Rev. Proc. 2003-78; Rev. Proc. 92-39, 1992-1 C.B. 860; Rev. Proc. 87-13, 1987-1 C.B. 596; or Rev. Proc. 84-82, 1984-1 C.B. 779. Rev. Proc. 2015-46, 2015-39 I.R.B. 414, amends Rev. Proc. 2003-78 to update the mailing address and contact number, formalize certain requirements, and provide corresponding changes to the form closing agreements attached as Appendices A and B to Rev. Proc. 2003-78. Section 4 of Rev. Proc. 2003-78, consistent with the prior revenue procedures listed above, provides that the Internal Revenue Service “may periodically publish in the Internal Revenue Bulletin a list of foreign insurers or reinsurers that have entered into closing agreements under this revenue procedure and also a list of foreign insurers or reinsurers whose closing agreements are terminated.” The following list of foreign corporations that have entered into closing agreements is being made available in accordance with this provision. The list will be updated to reflect changes in the status of a company and other identifying information. However, because the published list cannot be relied upon as conclusive that a particular company has a valid closing agreement in effect, interested parties should contact the company directly should they wish to verify the information posted on this website. Foreign insurers or reinsurers who wish to enter into a closing agreement under the above revenue procedures, please refer to the Federal Excise Tax Exemption Program page. Foreign insurers or reinsurers with effective closing agreements who wish to be added to the list should complete the consent form PDF and mail it to: Awo M. Archampong-Gray Internal Revenue Service SE:LB:WIIC:FPP:FPPO:PA:T1190 1111 Constitution Ave, NW, 6th Floor Washington, DC 20224 USA Companies with closing agreements (in alphabetical order) Ace European Group The Ace Building 100 Leadenhall Street EC3A 3BP London United Kingdom Effective Date: November 17, 2005 Achmea Reinsurance Company NV Spoorlan 298 5017 JZ Tilburg The Netherlands Effective Date: December 20, 2012 Achmea Reinsurance Ireland Limited Georges Dock House, IFSC Dublin 1 Ireland Effective Date: November 17, 2006 Termination Date: June 30, 2013 Allianz Global Corporate & Specialty SE Koeniginstrasse 28 D-80802 Munchen Germany Effective Date: June 8, 2009 Allianz Re Dublin Limited Allianz House Elmpark, Merrion Rd Dublin 4 Ireland Effective Date: February 4, 2009 Allianz Risk Transfer AG Lavaterstrasse 67 8002 Zurich Switzerland Effective Date: May 5, 1999 Allianz Risk Transfer N.V. Keizersgracht 482 NL-1017EG Amsterdam Netherlands Effective Date: February 8, 2007 Allianz SE Koeniginstrasse 28 D-80802 Munchen Germany Effective Date: November 4, 2009 Alreford Limited 3rd Floor, Metropolitan Building James Joyce Street Dublin 1 Ireland Effective Date: January 19, 2012 Amlin AG Kirchenweg 5 8008 Zurich Switzerland Effective Date: January 31, 2011 Arch Insurance Company (Europe) Limited 5th Floor, Plantation Place South 60 Great Tower Street London EC3R 5AZ United Kingdom Effective Date: February 14, 2005 Arch Reinsurance Europe Underwriting DAC Block 3, The Oval Shelbourne Road Dublin 4 Ireland Effective Date: July 8, 2009 Aseguradores de Riesgos Nucleares A.I.E.* Calle Sagasta 18, 4º derecha 28004 Madrid Spain Effective Date: January 1, 1996 Aspen Insurance UK Limited 30 Fenchurch Street London EC3M 3BD United Kingdom Effective Date: April 15, 2004 Assicurazioni Generali S.p.A. Piazza Duca degli Abruzzi, 2 34132 Trieste Italy Effective Date: June 11, 1986 Assuratome Tour Franklin - Defense 8 92042 Paris La Defense Cedex France Effective Date: January 1, 1993 ATC Insurance Ireland Limited* 4th Floor, 25-28 Adelaide Road Dublin 2 Ireland Effective Date: October 19, 2011 Athene Life Re. Ltd. Third Floor, WeWork Aviation House 125 Kingway London WC2B 6NH United Kingdom Effective Date: September 17, 2019 Atradius Reinsurance Limited 2nd Floor, La Touche House International Finances Services Centre Dublin 1 Ireland Effective Date: September 28, 2009 Axa Corporate Solutions Assurance SA 4, rue Jules Lefevbre 75009 Paris France Effective Date: December 12, 2005 AXIS RE SE Mount Herbert Court, 34 Upper Mount Street Dublin 2 Ireland Effective Date: December 31, 2002 AXIS Specialty Europe SE Mount Herbert Court, 34 Upper Mount Street Dublin 2 Ireland Effective Date: December 31, 2002 Berkeley Re Limited 3rd Floor, Metropolitan Building James Joyce Street Dublin 1 Ireland Effective Date: June 21, 2006 Berkshire Hathaway International Insurance Limited LUC, 4th Floor 8 Fenchurch Street London EC3M 4AJ United Kingdom Effective Date: July 26, 2004 Blue Square Re N.V. AEGONplein 50 2591 TV The Hague The Netherlands Effective Date: December 2, 2013 The Britannia Steam Ship Insurance Association Limited Regis House 45 King William Street London EC4R 9AN United Kingdom Effective Date: March 11, 2005 Catlin Insurance Company (UK) Ltd. 20 Gracechurch Street London EC3V OBG United Kingdom Effective Date: June 21, 2006 Chaucer Insurance Company Designated Activity Company 38 & 39 Baggot Street Lower Dublin, D02 T938, Ireland Effective Date: December 20, 2020 Chubb Insurance Co of Europe SE 106 Fenchurch St. London EC3M 5NB United Kingdom Effective Date: January 14, 2010 CNA Insurance Company Limited 20 Fenchurch Street London EC3M 3BY United Kingdom Effective Date: June 8, 2005 Convex Insurance U.K. Ltd. WeWork, 1 St. Katharine’s Way London, E1W1UN United Kingdom Effective July 23, 2020 De Lage Landen Re Limited George’s Dock House, IFSC Dublin 1 Ireland Effective Date: June 3, 2005 Ergo Versicherung AG Victoriaplatz 1 40198 Dusseldorf Germany Effective Date: May 4, 2011 Euler Hermes Reinsurance A.G. Richtiplatz 1, Postfach CH-8304 Wallisellen Switzerland Effective Date: February 8, 2007 European Reinsurance Company of Zurich Ltd. Mythenquai 50/60 8022 Zurich Switzerland Effective Date: May 22, 1998 Fidelis Underwriting Limited 34th Floor, The Leadenhall Building 122 Leadenhall Street London EC3V 4AB United Kingdom Effective Date: July 13, 2016 The Fuji Fire & Marine Insurance Co. Ltd 5-4-9 Toyosu, Koto-ku Tokyo 1350061 Japan Effective Date: January 12, 1996 Termination Date: March 31, 2014 Gan Eurocourtage 8-10 rue d'Astorg 75008 Paris France Effective Date: April 26, 2012 Termination Date: March 31, 2013 General Reinsurance AG fka Koelnische Ruckversicherungs-Gesellschaft AG Theodor-Heuss-Ring 11 50668 Cologne Germany Effective Date: September 14, 1992 Generali IARD 2 rue Pillet Will 75009 Paris France Effective Date: January 1, 1998 Generali Italia S.p.A. Via Marocchesa 14 31021 Mogliano Veneto (TV) Italy Effective Date: April 1, 2014 Glacier Reinsurance AG Churerstrasse 78 8808 Pfaffikon Switzerland Effective Date: April 26, 2006 Gothaer Allgemeine Versicherung AG Gothaer Allee 1 50969 Cologne Germany Effective Date: December 15, 2009 Great Lakes Insurance SE Koniginstrasse 107 80802 Munchen Briefe: 80792 Effective Date: April 6, 2018 Hannover Re (Ireland) DAC 4 Custom House Plaza, IFSC Dublin 1 Ireland Effective Date: December 5, 2001 Hannover Reinsurance (Ireland) Limited 2 Custom House Plaza, IFSC Dublin 1 Ireland Effective Date: April 15, 2004 Termination Date: March 31, 2013 HCC International Insurance Company PLC1 1 Aldgate London EC3M 1RE United Kingdom Effective Date: November 18, 2009 HDI-Gerling Verzekeringen N.V* Westblaak 14 PO Box 925 3000X AX Rotterdam The Netherlands Effective Date: June 7, 2011 HDI Global Network AG HDI-Platz 1 30659 Hannover Germany Effective Date: November 4, 2009 HDI Global SE HDI-Platz 1 30659 Hannover Germany Effective Date: June 21, 1999 HDI Global Specialty SE Podbielskistraße 396 30659 Hannover Germany Effective Date: April 15, 2004 Helvetia Schweizerische Versicherungsgesellschaft AG Dufourstr. 40 CH-9001 St Gallen Switzerland Effective Date: September 2, 2010 IF P&C Insurance Company Ltd. Niityportti 4 02200 Espoo Finland Effective Date: April 2, 2003 IF P&C Insurance Ltd (publ) SE 106 80 Stockholm Sweden Effective Date: July 11, 1996 Infrassure Ltd. Uetlibergstrasse 134A CH-8045 Zurich Switzerland Effective Date: June 11, 2014 Termination Date: March 31, 2015 Intercona Re AG Route de la Coula 50 1618 Chatel-St Denis Switzerland Effective Date: April 5, 2006 Ironshore Europe DAC 2 Shelbourne Buildings, Shelbourne Road Ballsbridge, Dublin 4 Ireland Effective Date: December 10, 2015 The Kyoei Fire and Marine Insurance Company, Limited* 18-6, Shimbashi 1-Chome, Minato-ku Tokyo 105-8604 Japan Effective Date: June 8, 2005 Lancashire Insurance Company (UK) Limited Level 29, 20 Fenchurch Street London EC3M 3BY United Kingdom Effective Date: November 3, 2014 La Reunion Aerienne 134, Rue Danton 92300 Levallois-Perret France Effective Date: June 8, 2005 Liberty Mutual Insurance Europe Limited 20 Fenchurch Street London EC3M 3AW United Kingdom Effective Date: January 19, 2005 The London Steam-Ship Owners' Mutual Insurance Association Limited 50 Leman Street London E1 8HQ United Kingdom Effective Date: February 4, 2005 Mapfre Espana Campania de Seguros y Reaseguros, SA Carretera de Pozuelo, No. 50 28222 Majadahonda Madrid Spain Effective Date: March 19, 2019 Mapfre Global Risks, Compania Internacional de Seguros y Reaseguros, S.A. Carretera de Pozuelo Majadahonda 52, Edificio M-II 28222 Madrid Spain Effective Date: July 8, 2009 Mapfre Re Compania de Reaseguros, S.A. Paseo de Recoletos No. 25 28004 Madrid Spain Effective Date: September 24, 2004 The Marine Insurance Company Limited St Mark’s Court, Chart Way, Horsham West Sussex RH12 1XL United Kingdom Effective Date: February 4, 2004 Markel International Insurance Company Limited 20 Fenchurch Street London EC3M 3AZ United Kingdom Effective Date: January 19, 2005 Mitsui Sumitomo Insurance Co. (Europe) Ltd. 25 Fenchurch Ave London EC3M 5AD United Kingdom Effective Date: February 4, 2005 Mitsui Sumitomo Insurance Co., Ltd 2-27-2 Shinkawa, Chuo-ku, Tokyo, 104-8252 Japan Effective Date: February 4, 2005 MSIG Insurance Europe AG An Den Dominikanern 11-27 50668 Koln Germany Effective Date: October 29, 2012 Munchener Ruckversicherungs-GeselIschaft AG in Munchen Koniginstr. 107 80802 Munich Germany Effective Date: March 30, 1992 New Reinsurance Company Limited Zollikerstrasse 226 CH-8008 Zurich Switzerland Efective Date: October 23, 1998 Nipponkoa Insurance Company Limited 3-7-3 Kasumigaseki , Chiyoda-ku Tokyo 100-8965 Japan Effective Date: June 3, 2005 Termination Date: December 31, 2014 North of England Protecting & Indemnity Association Limited The Quayside Newcastle Upon Tyne NE1 3DU United Kingdom Effective Date: March 22, 2005 nSpire Re Limited First Floor, 25-28 Adelaide Dublin 2 Ireland Effective Date: February 4, 2005 Termination Date: September 30, 2012 OP Insurance Ltd. Gebhardinaukio 1 00013 OP Helsinki Finland Effective Date: September 2, 2010 Pan Insurance Limited The Metropolitan Building James Joyce Street Dublin 1 Ireland Effective Date: June 11, 2014 PartnerRe Ireland Insurance dac 160 Shelbourne Road The Oval 5th Floor, Block 1 Dublin 4, Ireland Effective Date: January 31, 2011 Partner Reinsurance Europe SE 160 Shelbourne Road, The Oval Fifth Floor, Block 1 Dublin 4 Ireland Ireland Effective Date: January 7, 2008 Pharma International Insurance DAC 3rd Floor, The Metropolitan Building James Joyce Street Dublin1 Ireland Effective Date: June 9, 2015 QBE Insurance (Europe) Limited 30 Fenchurch Street London EC3M 3BD United Kingdom Effective Date: April 15, 2004 RBC Reinsurance (Ireland) Ltd.* Suite A5, Beacon Ct Sandyford Dublin 18 Ireland Effective Date: April 1, 2001 RISICOM Ruckversicherung AG Markplatz 3 82031 Grunwald Germany Effective Date: September 16, 2003 Royal & Sun Alliance Insurance plc St Mark’s Court, Chart Way, Horsham West Sussex RH12 1XL United Kingdom Effective Date: February 4, 2004 Royal & Sun Alliance Reinsurance Ltd. St Mark’s Court, Chart Way, Horsham West Sussex RH12 1XL United Kingdom Effective Date: February 4, 2004 R+V Versicherung AG Raiffeisenplatz 1 65189 Wiesbaden Germany Effective Date: January 1, 2000 SCOR Global Life Reinsurance Ireland Limited 3rd Floor, IFSC House Custom House Quay Dublin 1 Ireland Effective Date: November 20, 2005 SCOR Global Property & Casualty* 5 Avenue Kleber La Defense Cedex Paris 75795 France Effective Date: December 13, 2006 SCOR Switzerland AG (fka Converium AG) General-Guisan Quai 26 8022 Zurich Switzerland Effective Date: October 1, 2001 SCOR UK Company Limited 10 Lime Street London EC3M 7AA United Kingdom Effective Date: June 23, 2004 Sirius International Insurance Corporation (publ) Birger Jarlsgatan 57B SE-113 96 Stockholm Sweden Effective Date: February 7, 1996 Sompo Japan Nipponkoa Insurance, Inc. 26-1, Nishi-Shinjuku 1-chome Shinjuku-ku, Tokyo 160-8338 Japan Effective Date: February 14, 2005 Spencer Re I.I. Othmarstrasse 8 CH-8008 Zurich Switzerland Effective Date: July 13, 2016 The Standard Club Europe Ltd Standard House 12/13 Essex Street London WC2R 3AA United Kingdom Effective Date: November 29, 2004 Starstone Insurance SE 5th Floor, 88 Leadenhall Street London EC3A 3BP United Kingdom Effective Date: October 23, 2013 The Steamship Mutual Underwriting Association Limited Aquatical House 39 Bell Lane London E1 7LU United Kingdom Effective Date: February 4, 2005 Sunderland Marine Insurance Company Ltd The Quayside Newcastle Upon Tyne NE1 3DU United Kingdom Effective Date: July 26, 2004 Swiss Re Corporate Solutions Ltd Mythenquai 53/60 8022 Zurich Switzerland Effective Date: February 13, 2013 Swiss Reinsurance Company Mythenquai 50/60 8022 Zurich Switzerland Effective Date: May 22, 1998 The Toa Reinsurance Company Limited 6 Kanda-Surugadai, 3-chome, Chiyoda-ku Tokyo 101-8703 Japan Effective Date: November 17, 2005 Tokio Marine Kiln Insurance Limited 20 Fenchurch St London EC3M 3BY United Kingdom Effective Date: May 5, 2009 Tokio Marine & Nichido Fire Insurance Co., Ltd 1-2-1 Marunouchi, Chiyoda-ku Tokyo 100-0005 Japan Effective Date: March 11, 2005 Tokio Millennium Re (UK) Limited (fka Tokio Marine Global Ltd) 5th Floor, 20 Fenchurch Street London EC3M 3BY United Kingdom Effective Date: May 8, 2008 TransRe London Limited Corn Exchange, 55 Mark Lane London EC3R 7NE United Kingdom Effective Date: January 8,2015 Travelers Insurance Company Limited Exchequer Court 33 St Mary Axe London EC3A 8AG United Kingdom Effective Date: July 18, 2005 Underwriters at Lloyd’s, London 1 Lime Street London EC3M 7HA United Kingdom Effective Date: June 30, 2005 Unionamerica Insurance Company Limited Avaya House 2 Cathedral Hill Guildford Surrey GU2 7YL United Kingdom Effective Date: March 22, 2005 The United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited 90 Fenchurch Street London EC3M 4ST United Kingdom Effective Date: July 26, 2013 Validus Reinsurance (Switzerland) Ltd. Talstrasse 83 CH-8001 Zurich Switzerland Effective Date: July 30, 2008 The West of England Ship Owners Mutual Insurance Association (Luxembourg) 31 Grand Rue L-1661 Luxembourg Luxembourg Effective Date: November 22, 2004 W.R. Berkley Insurance (Europe) Ltd 2nd Floor, 40 Lime Street London EC3M 7AW United Kingdom Effective Date: June 8, 2005 XL Insurance Company SE XL House, 8 St. Stephen’s Green Dublin 2, Ireland Effective Date: July 23, 2019 XL Insurance Company SE 70 Gracechurch Street London EC3 V0XL United Kingdom Effective Date: December 2, 2013 XL Insurance Switzerland Limited Limmatstrasse 250 8031 Switzerland Effective Date: December 2, 2013 XL Re Europe SE XL House 8 St Stephen s Green Dublin 2 Ireland Effective Date: December 2, 2013 Zurich Insurance Company Ltd. Mythenquai 2 Zurich 8022 Switzerland Effective Date: January 1, 1999 Zurich Insurance plc (fka Zurich Insurance Ireland Limited) Zurich House Ballsbridge Park Dublin 4 Ireland Effective Date: June 8, 2005 Zurich Specialties London Limited* 3000b Parkway Whiteley, Hampshire PO15 7JZ United Kingdom Effective Date: November 29, 2004 Termination Date: March 31, 2016 Explanations * The company has not timely recertified its entitlement to treaty benefits in accordance with the terms of its closing agreement. Effective Date: Unless noted otherwise within the Agreement, the Agreement is effective as of the date the Commissioner of Internal Revenue signs the Agreement. Termination Date: The Agreement is terminated at the close of the last day of the quarterly return period immediately following the return period within which the written notice of termination is given. Links to treaties CyprusFinland ∆France ∆Germany ∆IndiaIrelandIsraelItalyJapanLuxembourg (Exemption applies only to excise taxes imposed on insurance premiums paid to foreign insurers and not on reinsurance premiums)MexicoNetherlandsSpainSweden ∆SwitzerlandUnited Kingdom ∆ Under these treaties, the exemption generally does not apply if premiums are paid to an office outside the company's country of residence. Caution: Section 6139 of the Technical and Miscellaneous Revenue Act of 1988 (P.L. 100-647) provides that no provisions of the U.S.-Barbados or the U.S.-Bermuda income tax treaties (if either or both treaties are in force on December 31, 1989) shall prevent application of the excise tax on premiums allocable to insurance coverage for periods after December 31, 1989. Related links Rev. Rul. 2008-15, 2008-1 C.B. 633 Announcement 2008-18, 2008-1 C.B. 667 PDF
