Kinds of Insurance; Limits on Risk; Reinsurance

  1. Law
  2. Nevada Revised Statutes
  3. Kinds of Insurance; Limits on Risk; Reinsurance

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Section
681A.010

Definitions not mutually exclusive.

Section
681A.020

"Casualty insurance" defined.

Section
681A.022

"Continuous care coverage" defined.

Section
681A.030

"Health insurance" defined.

Section
681A.040

"Life insurance" defined.

Section
681A.050

"Marine and transportation" and "wet marine and transportation" insurance defined.

Section
681A.060

"Property insurance" defined.

Section
681A.070

"Surety insurance" defined.

Section
681A.080

"Title insurance" defined.

Section
681A.090

Multiple line insurers.

Section
681A.095

Insurance against legal liability for exemplary or punitive damages.

Section
681A.100

Amount of risk that insurer may retain; method for determining risk; applicability.

Section
681A.110

Reinsurance authorized for all or part of risk; requirements for reinsurance with unauthorized insurer.

Section
681A.120

Cancellation or material changes in treaties or arrangements for reinsurance.

Section
681A.130

Regulations.

Section
681A.140

"Qualified financial institution in the United States" defined.

Section
681A.145

Arrangements for reinsurance relating to life and health insurance and annuity products: Regulations; use of Valuation Manual; applicability to certain cessions.

Section
681A.150

Requirements for taking credit.

Section
681A.155

Reinsurance ceded to assuming certified reinsurer.

Section
681A.160

Reinsurance ceded to assuming accredited reinsurer in Nevada; suspension or revocation of accreditation or certification of reinsurer.

Section
681A.170

Reinsurance ceded to assuming alien insurer.

Section
681A.180

Reinsurance ceded to assuming insurer which maintains trust fund for payment of valid claims; exceptions.

Section
681A.190

Reinsurance ceded to group of incorporated insurers under common administration.

Section
681A.200

Requirements for establishment or amendment of certain trusts.

Section
681A.210

Requirements when assuming insurer is not licensed or accredited to transact insurance or reinsurance in this State.

Section
681A.215

Requirements when assuming insurer does not meet certain requirements.

Section
681A.220

Requirements when assuming insurer does not meet certain other requirements.

Section
681A.230

Ceding insurer to be allowed credit if reinsurance lawfully ceded to qualified assuming insurer; domiciliary liquidator of insolvent ceding insurer to give notice to assuming insurer of any claim against ceding insurer.

Section
681A.235

Management of concentration risk by ceding insurer.

Section
681A.240

Requirements for reduction from liability when assuming insurer does not meet certain requirements concerning risk-based capital.

Section
681A.250

Definitions.

Section
681A.260

"Actuary" defined.

Section
681A.270

"Automatic agreement" defined.

Section
681A.280

"Broker for reinsurance" defined.

Section
681A.290

"Cede" defined.

Section
681A.300

"Cession" defined.

Section
681A.310

"Controlling person" defined.

Section
681A.320

"Facultative" defined.

Section
681A.330

"Intermediary" defined.

Section
681A.340

"Licensed producer" defined.

Section
681A.350

"Manager for reinsurance" defined.

Section
681A.360

"Reinsured" defined.

Section
681A.370

"Reinsurer" defined.

Section
681A.380

"Retrocession" defined.

Section
681A.390

"Retrocessionaire" defined.

Section
681A.400

"Syndicate" defined.

Section
681A.410

"Violation" defined.

Section
681A.420

Limitations and requirements.

Section
681A.430

License to act as intermediary.

Section
681A.440

Circumstances under which Commissioner is authorized to refuse to issue license.

Section
681A.450

Licensed attorney acting as intermediary.

Section
681A.460

Brokers: Transactions with insurer; termination; duties.

Section
681A.470

Brokers: Maintenance of records of transactions; access to accounts and records by insurer.

Section
681A.480

Brokers: Conditions for employment; annual statement of financial condition.

Section
681A.490

Managers: Transactions with reinsurer; termination; duties.

Section
681A.500

Managers: Compliance with certain standards established by insurer; required provisions in contract; relationship with reinsurer.

Section
681A.510

Managers: Requirements for settlement of claims; ownership of claims files; termination of authority to settle claims.

Section
681A.520

Managers: Sharing of interim profits.

Section
681A.530

Managers: Maintenance of records of transactions; access to accounts and records by reinsurer.

Section
681A.540

Managers: Prohibited acts.

Section
681A.550

Managers: Conditions for employment; annual statement of financial condition; reserves for losses; retrocessional contracts; notice of termination; prohibition against serving on board of directors of reinsurer.

Section
681A.560

Examination of intermediary by Commissioner.

Section
681A.570

Actions that may be taken against intermediary who fails to comply with laws.

Section
681A.580

Rights of relevant parties not limited or expanded.

Section
681A.1551

Certified reinsurer: Eligibility.

Section
681A.1552

Certified reinsurer: Additional eligibility requirements for associations.

Section
681A.1553

Certified reinsurer: Qualified jurisdictions.

Section
681A.1554

Certified reinsurer: Ratings by Commissioner; publication of ratings.

Section
681A.1555

Certified reinsurer: Required security.

Section
681A.1556

Certified reinsurer: Applicant certified in certain jurisdictions may be deemed by Commissioner to be certified in Nevada.

Section
681A.1557

Certified reinsurer: Inactive status.