NRS 692C.376 - Group-wide supervision of internationally active insurance groups: “Internationally active insurance group” defined.

NV Rev Stat § 692C.376 (2019) (N/A)
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“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.

(Added to NRS by 2017, 68)