Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter680A Authorization of Insurers and General Requirements |
ANNUAL AUDITED FINANCIAL REPORT |
NAC680A.209. Canadian and British insurers.
Latest version.
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1. In the case of Canadian and British insurers, the annual Audited Financial Report is defined as the Annual Statement of Total Business on the form filed by such companies with their supervision authority duly audited by an independent chartered accountant.
2. For an insurer domiciled in Canada or Great Britain, the letter required by NAC 680A.181 must state that the accountant is aware of the requirements relating to the annual Audited Financial Report filed with the Commissioner pursuant to NRS 680A.265 and the regulations adopted pursuant thereto and must affirm that the opinion expressed is in conformity with those requirements.
(Added to NAC by Comm’r of Insurance by R205-08, 11-25-2009, eff. 1-1-2010)