Notwithstanding the provisions of this chapter, the assets of two or more protected cells may be combined for the purpose of investment, and such combination must not be construed as defeating the separation of the assets for accounting or other purposes. Sponsored captive insurers shall comply with the investment requirements set forth in NRS 694C.340, if applicable, except to the extent that credit for reinsurance ceded to reinsurers is allowed pursuant to NRS 694C.350 or to the extent otherwise deemed reasonable and appropriate by the Commissioner. Notwithstanding the provisions of this chapter, the Commissioner may approve the use of alternative reliable methods of valuation and rating.
(Added to NRS by 2005, 2150)
Structure Nevada Revised Statutes
Chapter 694C - Captive Insurers
NRS 694C.020 - "Affiliated company" defined.
NRS 694C.030 - "Agency captive insurer" defined.
NRS 694C.035 - "Alien captive insurer" defined.
NRS 694C.040 - "Association" defined.
NRS 694C.050 - "Association captive insurer" defined.
NRS 694C.053 - "Branch business" defined.
NRS 694C.055 - "Branch captive insurer" defined.
NRS 694C.057 - "Branch operations" defined.
NRS 694C.060 - "Captive insurer" defined.
NRS 694C.070 - "Commissioner" defined.
NRS 694C.075 - "Controlled unaffiliated business" defined.
NRS 694C.080 - "Division" defined.
NRS 694C.085 - "Dormant captive insurer" defined.
NRS 694C.090 - "Member organization" defined.
NRS 694C.100 - "Mutual insurer" defined.
NRS 694C.110 - "Parent" defined.
NRS 694C.113 - "Participant" defined.
NRS 694C.115 - "Participant contract" defined.
NRS 694C.117 - "Protected cell" defined.
NRS 694C.120 - "Pure captive insurer" defined.
NRS 694C.130 - "Reciprocal insurer" defined.
NRS 694C.140 - "Rental captive insurer" defined.
NRS 694C.141 - "Risk retention group" defined.
NRS 694C.143 - "Sponsor" defined.
NRS 694C.147 - "Sponsored captive insurer" defined.
NRS 694C.149 - State-chartered risk retention group" defined.
NRS 694C.150 - "Stock insurer" defined.
NRS 694C.155 - Applicability of chapter 696B of NRS to sponsored captive insurer.
NRS 694C.160 - Applicability of other provisions.
NRS 694C.180 - Formation of captive insurer.
NRS 694C.210 - Application: Requirement; contents.
NRS 694C.230 - Issuance of license; annual renewal; fees.
NRS 694C.270 - Suspension or revocation of license: Grounds; hearings.
NRS 694C.300 - Authorized and prohibited types of insurance.
NRS 694C.320 - Plan for payment of dividends; regulations.
NRS 694C.330 - Payment of dividends and extraordinary dividends.
NRS 694C.370 - Insurer not required to join rating organization.
NRS 694C.382 - Combining assets for investment.
NRS 694C.384 - Security for branch operations.
NRS 694C.388 - Alien captive insurer: Reports and statements.
NRS 694C.390 - State-chartered risk retention group: Required filings.
NRS 694C.415 - Examinations: Branch captive insurer; alien captive insurer.
NRS 694C.450 - Taxes on premiums: Imposition; deposit; nonrefundable credit.
NRS 694C.455 - Tax on premiums: Applicable only to branch business of branch captive insurer.