Insurance mid-tier holding company
Insurance mid-tier holding company means a bank holding company, or savings and loan holding company, domiciled in the United States that:
(1) Is a subsidiary of:
(i) An insurance bank holding company to which subpart J of this part applies; or
(ii) An insurance savings and loan holding company to which subpart J of this part applies; and
(2) Is not an insurance underwriting company that is subject to state law capital requirements.