Section 681B.165 - Opinions and supporting memoranda: Annual submission required; form of submission; extension of time for submission1. Every insurer shall annually submit the opinion of a qualified actuary required pursuant to NRS 681B.210.2. Every insurer shall also annually submit the opinion of a qualified actuary based on an asset adequacy analysis required pursuant to NRS NRS 681B.220 and prepare the supporting memorandum required pursuant to NRS NRS 681B.230.3. An insurer shall, in accordance with the Annual Statement Instructions for Life, Accident and Health Insurance Companies, as adopted by the National Association of Insurance Commissioners for the year in which the insurer files the statement, file with the National Association of Insurance Commissioners, and the insurance regulatory authority of any other required jurisdiction, a copy of each opinion of a qualified actuary submitted to the Commissioner pursuant to subsection 2.4. Except as otherwise provided in this section, the opinion or opinions of a qualified actuary submitted pursuant to this section must be included on or attached to the first page of the annual statement for the insurer and must be entitled "Statement of Actuarial Opinion."5. The Commissioner may grant an extension of time for the submission of the opinion or opinions of a qualified actuary pursuant to this section. The request must be submitted in writing and be received by the Commissioner on or before the date established, pursuant to NRS 680A.270, for filing the annual statement of the insurer.Nev. Admin. Code § 681B.165
Added to NAC by Comm'r of Insurance, eff. 5-23-96; A by R146-12, 10-4-2013NRS 679B.130, 681B.210, 681B.220, 681B.230