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Accredited Reinsurers Annual Renewal Requirements

Pursuant to NRS 681A.160 and 681A.200, an accredited reinsurer shall file on or before March 1 the following items, postmarked by March 1:

  • Annual Statement – If the Accredited Reinsurer has filed a hard copy of their Annual Statement with its state of entry (alien insurers on NAIC Quarterly List) or with its state of domicile (foreign insurers), and has filed the report electronically with the NAIC, file the Jurat Page or other similar document that is signed by the principal officers of the company.
  • Audited Financial Report – If the Accredited Reinsurer has filed a hard copy of their Audited Financial Report and notifications of any changes with its state of entry (alien insurers on NAIC Quarterly List) or with it’s state of domicile (foreign insurers), and has electronically filed the report with the NAIC, file only a cover letter indicating that the company has filed the report. Copies of any internal control reports noted by the accredited reinsurer’s CPA must be included. If the Accredited Reinsurer files a Notification of Adverse Financial Condition, a copy should be filed with Nevada.
  • Annual Trustee Statement – If the Accredited Reinsurer has filed a hard copy of their Annual Trustee Statement with its state of entry (alien insurers on NAIC Quarterly List) as evidence that the insurer has its accounts in a U.S. bank and has the minimum capital and surplus required, file a copy of the statement or verification from the state of entry.
  • AR-1 – File an updated AR-1, or if newly licensed, a new AR-1 accepting the authority of the Commissioner. In addition, file the necessary documentation/data to support the business that has been transferred from Nevada insurers or accepted from producers or brokers, listing of the insurance business written or assumed on Nevada risks;
  • Mail filings separate from checks to:
    Nevada Division of Insurance
    Corporate and Financial Affairs Section
    1818 East College Pkwy, Suite 103
    Carson City, NV 89706
  • Filing fee of $25.00
  • Fund for Insurance Administration and Enforcement assessment fee of $1,300. An invoice for the filing fee and the Fund for Insurance Administration and Enforcement fee is mailed in January.
  • Electronic Payments:
    Effective April 1, 2013, the State of Nevada, Division of Insurance will have a new bank account, click here for new instructions and account information.

    Use theACH Deposit Form to notify the Division to expect incoming funds.
    For more information See Bulletin Number 09-001A.

  • Payments by mail: Please send invoice and payment separate from filings.
    Nevada Division of Insurance
    Corporate and Financial Affairs Section
    1818 East College Pkwy, Suite 103
    Carson City, NV 89706