Which of the following is NOT a requirement for alien insurers to be classified as regulated?

The classification of alien insurers as regulated involves a set of requirements intended to ensure that these insurers adhere to standards for financial responsibility, accountability, and operational transparency. The requirement that is not necessary for alien insurers to be classified as regulated is U.S. market share information.

Unlike the other requirements, which focus on the financial transparency and operational readiness of the insurer concerning their activities in the U.S. market, U.S. market share information is not a definitive criterion for regulation status. The emphasis is instead placed on ensuring that alien insurers provide financial statements that reflect their solvency, appoint U.S. representatives to manage their business dealings in the country, and disclose details of any trust accounts established in the U.S. to secure their liabilities. Collectively, these requirements help regulators assess a foreign insurer's compliance with U.S. laws and their ability to meet obligations to policyholders.