business of insurance

(1) the term “business of insurance” means— (A) the writing of insurance, or (B) the reinsuring of risks, by an insurer, including all acts necessary or incidental to such writing or reinsuring and the activities of persons who act as, or are, officers, directors, agents, or employees of insurers or who are other persons authorized to act on behalf of such persons;


18 USC § 1033(f)(1)

Scoping language

As used in this section
Is this correct? or