Public-domain · open source
OpenJurist

NRS 692C.376

Group-wide supervision of internationally active insurance groups: “Internationally active insurance group” defined

Known as the Insurance Holding Company Law

The act spans §§ 692–692 (107 sections).

(Added to NRS by 2017, 68)

“Internationally active insurance group” means an insurance holding company system which:

1. Includes an insurer registered under NRS 692C.260; and

2. Meets the following criteria:

(a) Writes premiums in at least three countries;

(b) Writes 10 percent or more of the insurance holding company system’s total gross written premiums outside of the United States; and

(c) Based on a 3-year rolling average, has total assets of $50 billion or more or total gross written premiums of $10 billion or more.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.