Nevada Revised Statutes 692C.376 – Group-wide supervision of internationally active insurance groups: ‘Internationally active insurance group’ defined
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‘Internationally active insurance group’ means an insurance holding company system which:
Terms Used In Nevada Revised Statutes 692C.376
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
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.