NRS 681A.100 – Amount of risk that insurer may retain; method for determining risk; applicability.

1. Except as otherwise provided for domestic mutual insurers in NRS 692B.200, an insurer shall not retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding 10 percent of its surplus to policyholders. 2. A “subject of insurance” for the purposes […]