§ 26-7-116 — Investments of foreign insurers

The investment portfolio of a foreign or alien insurer shall be
as permitted by the laws of its domicile if of a quality
substantially equal to that required under this chapter for
similar funds of like domestic insurers. In determining the
relative quality and value of the investment portfolio of a
foreign or alien insurer, the commissioner, for purposes of
comparison, may apply the provisions of this code regulating
investments of domestic insurers and valuation of those
insurers. If the commissioner determines that the investment
portfolio of a foreign or alien insurer is not of a quality
substantially equal to that required under this chapter for
similar funds of like domestic insurers, he may refuse to
continue or may suspend or revoke an insurer's certificate of
authority in accordance with W.S. 26-3-115.