Nevada § 692C.3512 Own Risk and Solvency Assessment requirement

Nevada Statutes

§ 692C.3512 — Own Risk and Solvency Assessment requirement

Nevada § 692C.3512

Title 57INSURANCE

Ch. 692CHolding

RISK MANAGEMENT AND OWN RISK AND SOLVENCY ASSESSMENT

This text of Nevada § 692C.3512 (Own Risk and Solvency Assessment requirement) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 692C.3512 (2026).

Text

Subject to the provisions of NRS 692C.352 to 692C.353, inclusive, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to that set forth in the ORSA Guidance Manual. An ORSA must be conducted not less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.

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Subject to the provisions of NRS 692C.352 to 692C.353, inclusive, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to that set forth in the ORSA Guidance Manual. An ORSA must be conducted not less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.