Haw. Rev. Stat. § 431:4F-103: Authorization of entry.

(a) An alien insurer may use this State as a state of entry to transact insurance in the United States through a United States branch by:

(1) Qualifying as an insurer licensed to do business in this State; and

(2) Establishing trust accounts, pursuant to trust agreements approved by the commissioner with a United States financial institution approved by the commissioner, in an amount at least equal to the minimum capital and surplus or authorized control level risk-based capital, whichever is greater, required to be maintained by a domestic insurer licensed for the same kind of insurance.

(b) Before authorizing the entry of a United States branch of any alien insurer through this State, the commissioner shall in addition to the requirements of section 431:4F-105 and any other requirement of this chapter, require the alien insurer to:

(1) Comply with the requirements of section 431:3-212;

(2) Submit an English language translation, as necessary, of any of the documents required in paragraph (1); and

(3) Submit to an examination of the insurer's affairs at its principal office within the United States.