Nev. Rev. Stat. § 692C.351

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 692C.351 - Risk management framework required

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material relevant risks. This requirement shall be deemed satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.

NRS 692C.351

Added to NRS by 2015, 3486
Added by 2015, Ch. 522,§270, eff. 7/1/2015.