Nev. Rev. Stat. § 692C.352
Exemption from risk management and ORSA requirements
Nevada · Nevada Revised Statutes Chapter 692C — Holding Companies · Status: effective
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- Citation
- Nev. Rev. Stat. § 692C.352, Exemption from risk management and ORSA requirements, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2149016
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Full text
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.