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2022 Nevada Revised Statutes
Chapter 692C - Holding Companies
NRS 692C.352 - Exemption from risk management and ORSA requirements.
Universal Citation: NV Rev Stat § 692C.352 (2022)
An insurer is exempt from the requirements of NRS 692C.351 to 692C.3548, inclusive, if:
1. The insurer has annual direct written and unaffiliated assumed premiums, including international direct and assumed premiums, but excluding premiums reinsured with the Federal Crop Insurance Corporation and the National Flood Insurance Program, of less than $500,000,000; and
2. The insurance group of which the insurer is a member has annual direct written and unaffiliated assumed premiums, including international direct and assumed premiums but excluding premiums reinsured with the Federal Crop Insurance Corporation and the National Federal Flood Insurance Program, of less than $1 billion.
(Added to NRS by 2015, 3487)
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