Nevada Administrative Code
Chapter 681A - Kinds of Insurance; Reinsurance
GENERAL PROVISIONS
Section 681A.0053 - "Assuming insurer" defined

Universal Citation: NV Admin Code 681A.0053
Current through September 16, 2024

"Assuming insurer" means an insurer that accepts all or part of a ceding insurer's insurance or reinsurance obligation on a risk or exposure basis.

Added to NAC by Comm'r of Insurance by R079-16A, eff. 11/2/2016

NRS 679B.130, 681A.130

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