### Question
How is the term covered agreement defined?


### Answer
The term **covered agreement** is defined in *31 U.S.C. § 313* as the following:

> a written bilateral or multilateral agreement regarding prudential measures with respect to the business of insurance or reinsurance that—


(A) is entered into between the United States and one or more foreign governments, authorities, or regulatory entities

#### Citation:
  - *31 U.S.C. § 313*
  - Heading: **SUBTITLE I-GENERAL > CHAPTER 3-DEPARTMENT OF THE TREASURY > SUBCHAPTER I-ORGANIZATION**

