A certificate of authority is not required of an insurer with respect to the following:

(1) Transactions pursuant to surplus lines coverages lawfully written under the Insurance Code.

(2) Reinsurance, when transacted by an insurer duly authorized by the insurer’s state of domicile to transact the class of insurance involved.

(3) Wet marine and transportation insurance. [1967 c.359 § 78; 2015 c.505 § 1]