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Nev. Rev. Stat. § 692C.351

Risk management framework required

Nevada · Nevada Revised Statutes Chapter 692C — Holding Companies · Status: effective

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Nev. Rev. Stat. § 692C.351, Risk management framework required, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2149011
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An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material relevant risks. This requirement shall be deemed satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.