Nevada Administrative Code
Chapter 681B - Insurance: Assets and Liabilities
REPORTS OF MATERIAL TRANSACTIONS
Section 681B.325 - Information required to be disclosed in report of material nonrenewal, cancellation or revision of agreement for ceded reinsurance or material new agreement for ceded reinsurance that affects in-force life insurance business of insurer

Universal Citation: NV Admin Code 681B.325

Current through December 31, 2024

The following information must be disclosed in any report of a material nonrenewal, cancellation or revision of an agreement for ceded reinsurance, or a material new agreement for ceded reinsurance that affects the in-force life insurance business of the insurer:

1. The effective date of the nonrenewal, cancellation, revision or new agreement;

2. A description of the transaction with an identification of the initiator thereof;

3. The purpose of, or reason for, the transaction; and

4. If applicable, the identity of replacement reinsurers.

Added to NAC by Comm'r of Insurance, eff. 6-28-96; A by R024-02, 5-31-2002

NRS 679B.130, 681B.280

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