“Net direct written premiums” means direct gross premiums written in this state on insurance policies to which this chapter applies, less return premiums and dividends paid or credited to policyholders on such direct business. The term does not include premiums on contracts between insurers or reinsurers.
NRS 687A.039
“Net direct written premiums” defined
Known as the Nevada Insurance Guaranty Association Act
The act spans §§ 687A.010 to 687A.160 (29 sections).
(Added to NRS by 1985, 1073)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.