Nevada Revised Statutes
Chapter 681B - Assets and Liabilities

NRS 681B.001 - Definitions. - As used in this chapter, unless the context otherwise requires,...

NRS 681B.0023 - "Accident and health insurance" defined. - "Accident and health insurance" means a contract that incorporates morbidity...

NRS 681B.0025 - "Applicable company" defined. - "Applicable company" means an insurer that: 1. Has written, issued...

NRS 681B.0027 - "Appointed actuary" defined. - "Appointed actuary" means a qualified actuary who is appointed in...

NRS 681B.0033 - "Confidential information" defined. - "Confidential information" means any information which qualifies as confidential under...

NRS 681B.0036 - "Deposit-type contract" defined. - "Deposit-type contract" means a contract that does not incorporate mortality...

NRS 681B.0041 - "Life insurance" defined. - "Life insurance" means a contract that incorporates mortality risk, including,...

NRS 681B.0045 - "NAIC" defined. - "NAIC" means the National Association of Insurance Commissioners or its...

NRS 681B.0049 - "Operative date of the Valuation Manual" defined. - "Operative date of the Valuation Manual" means the date determined...

NRS 681B.0052 - "Policyholder behavior" defined. - "Policyholder behavior" includes any action a policyholder, contract holder or...

NRS 681B.0055 - "Principle-based valuation" defined. - "Principle-based valuation" means a reserve valuation that uses one or...

NRS 681B.0059 - "Qualified actuary" defined. - "Qualified actuary" means a natural person who: 1. Is qualified...

NRS 681B.0065 - "Tail risk" defined. - "Tail risk" means a risk that occurs either where the...

NRS 681B.0071 - "Valuation Manual" defined. - "Valuation Manual" means the Valuation Manual adopted by the National...

NRS 681B.010 - Assets. - In any determination of the financial condition of an insurer,...

NRS 681B.020 - Assets not allowed. - 1. In addition to assets impliedly excluded by the provisions...

NRS 681B.030 - Disallowance of asset arranged to deceive; disciplinary action. - 1. The Commissioner shall disallow as an asset or as...

NRS 681B.040 - Liabilities. - In any determination of the financial condition of an insurer,...

NRS 681B.050 - Reserves for losses from casualty insurance; regulations. - 1. As to casualty insurance transacted by it, each insurer...

NRS 681B.060 - Reserve for unearned premiums; exception. - 1. As to property, casualty and surety insurance the insurer...

NRS 681B.070 - Reserve for unearned premiums for marine and transportation insurance. - As to marine and transportation insurance, the entire amount of...

NRS 681B.080 - Reserves for policies of health insurance. - For all health insurance policies the insurer shall maintain an...

NRS 681B.100 - Contingency reserves for insurance of repayment of debt secured by mortgage. - 1. Casualty or surety insurers insuring real property mortgage lenders...

NRS 681B.105 - Valuation of bonds. - 1. Except as otherwise provided in subsection 5, all bonds...

NRS 681B.106 - Valuation of other securities. - 1. Except as otherwise provided in subsection 4, securities, other...

NRS 681B.108 - Valuation of property. - 1. Real property acquired pursuant to a mortgage loan or...

NRS 681B.109 - Valuation of purchase money mortgages. - Purchase money mortgages on real property referred to in subsection...

NRS 681B.110 - Valuation and calculation of reserves; acceptance of valuation by another state or jurisdiction; applicability. - 1. The Commissioner shall, in the manner provided by NRS...

NRS 681B.120 - Minimum standards for policies and contracts; applicability. - 1. Except as otherwise provided in subsection 3 and in...

NRS 681B.125 - Interest rates for minimum standard; applicability. - 1. This section sets forth the interest rates used in...

NRS 681B.130 - Reserves; modified net premiums; calculations; minimum aggregate reserves; applicability. - 1. Except as otherwise provided in subsection 4 and in...

NRS 681B.140 - Calculation of reserves on higher or lower standards; rate of interest; applicability. - 1. Reserves for any category of policies, contracts or benefits...

NRS 681B.145 - Reserves for plan of life insurance; applicability. - 1. For any plan of life insurance which provides for...

NRS 681B.150 - Minimum reserve; applicability. - 1. If in any contract year the gross premium charged...

NRS 681B.155 - Regulations regarding standards for valuation for health insurance contracts; applicability. - 1. For health insurance contracts of any kind issued on...

NRS 681B.200 - "Qualified actuary" defined. - 1. As used in NRS 681B.200 to 681B.260, inclusive, "qualified...

NRS 681B.210 - Insurer required to submit annual opinion as to computation of reserves and related actuarial items; regulations; applicability. - 1. Every insurer doing business in this state shall annually...

NRS 681B.220 - Insurer required to submit annual opinion as to sufficiency of reserves and related actuarial items; exception; regulations; applicability. - 1. Every such insurer, unless exempted by or pursuant to...

NRS 681B.230 - Opinion required to be supported by memorandum; Commissioner authorized to cause independent actuary to review opinion under certain circumstances; regulations; applicability. - 1. Each opinion required by NRS 681B.220 must be supported...

NRS 681B.240 - Requirements for opinion; applicability. - 1. Every opinion must: (a) Be submitted with the annual...

NRS 681B.250 - Liability of qualified actuary; disciplinary action; regulations; applicability. - 1. Except in a case of fraud or willful misconduct,...

NRS 681B.260 - Confidentiality of documents, material and other information provided by insurer to Commissioner; applicability. - 1. Except as otherwise provided in this section and NRS...

NRS 681B.300 - Valuation Manual: Applicability; operative date; notice by Commissioner of operative date; effective date of changes; required content; authority of Commissioner to adopt provisions by regulation to replace missing or noncompliant cont... - 1. For policies issued on or after the operative date...

NRS 681B.310 - Commissioner authorized to exempt certain policies and contracts from provisions of Valuation Manual; alternate applicable provisions; applicability. - 1. The Commissioner may exempt specific product forms or product...

NRS 681B.320 - Accident and health insurance policies: Minimum standard of valuation; applicability. - 1. For accident and health insurance policies and contracts issued...

NRS 681B.330 - Valuation and calculation of reserves; acceptance of valuation by another state or jurisdiction; applicability. - 1. For policies and contracts issued on or after the...

NRS 681B.350 - Opinion of actuary: Requirements; applicability. - 1. For actuarial opinions of reserves prepared after the operative...

NRS 681B.360 - Principle-based valuation: Requirements; applicability. - 1. An applicable company using a principle-based valuation for one...

NRS 681B.370 - Principle-based valuation: Required reserves; applicability. - 1. An applicable company using a principle-based valuation must establish...

NRS 681B.380 - Principle-based valuation: Prescribed formulaic reserve component allowed; applicability. - 1. A principle-based valuation may include a prescribed formulaic reserve...

NRS 681B.400 - Confidential information. - 1. The following types of information shall qualify as confidential...

NRS 681B.410 - Confidentiality and privilege of information deemed to be confidential; applicability. - 1. Except as otherwise provided in this section and NRS...

NRS 681B.420 - Exceptions to confidentiality; applicability. - 1. Notwithstanding any provisions of NRS 681B.410 to the contrary,...

NRS 681B.500 - Data required to be submitted; applicability. - 1. An applicable company shall submit to the Commissioner, to...

NRS 681B.510 - Commissioner authorized to designate agent to assist in compilation of required data; applicability. - 1. The Commissioner may designate a person to act as...

NRS 681B.540 - Insurers required to report material acquisition or disposition of assets; regulations; confidentiality. - Each insurer shall report to the Commissioner every material acquisition...

NRS 681B.550 - Insurer required to report its level of risk-based capital; regulations; exemptions. - 1. Except as otherwise provided in subsection 3, on or...