Section 681B.325 - Information required to be disclosed in report of material nonrenewal, cancellation or revision of agreement for ceded reinsurance or material new agreement for ceded reinsurance that affects in-force life insurance business of insurerThe following information must be disclosed in any report of a material nonrenewal, cancellation or revision of an agreement for ceded reinsurance, or a material new agreement for ceded reinsurance that affects the in-force life insurance business of the insurer:
1. The effective date of the nonrenewal, cancellation, revision or new agreement;2. A description of the transaction with an identification of the initiator thereof;3. The purpose of, or reason for, the transaction; and4. If applicable, the identity of replacement reinsurers.Nev. Admin. Code § 681B.325
Added to NAC by Comm'r of Insurance, eff. 6-28-96; A by R024-02, 5-31-2002