Acceptable alternative to ORSA Summary Report.

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An insurer may comply with the requirements of NRS 692C.3514 by providing the most recent and substantially similar report provided by the insurer or another member of an insurance group of which the insurer is a member to the commissioner of another state or to a supervisor or regulator of a foreign jurisdiction, if that report provides information that is comparable to the information described in the ORSA Guidance Manual. Any such report in a language other than English must be accompanied by a translation of that report into the English language.

(Added to NRS by 2015, 3487)


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