2013 Nevada Revised Statutes
Chapter 681A - Kinds of Insurance; Limits on Risk; Reinsurance
NRS 681A.270 - Automatic agreement defined.


NV Rev Stat § 681A.270 (2013) What's This?

Automatic agreement means an agreement between a reinsured and reinsurer whereby the ceding company is obligated to cede certain risks as provided in the agreement and the reinsurer is obligated to accept.

(Added to NRS by 1995, 1760)

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