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Foreign Risk Retention Group Annual Renewal Requirements

Pursuant to NRS 695E.160, 695E.210, 695E.220, a foreign risk retention group shall file on or before March 1 the following items, postmarked by March 1st:

  • A copy of the Jurat Page signed by the principal officers (original or copy is acceptable) if the hard copy of the annual statement is filed with the state of domicile and electronically submitted to the NAIC;
  • A hard copy of the financial statement (certified by an independent public accountant) that contains a statement of opinion on its reserves for loss and expenses of loss adjustment made by a member of the American Academy of Actuaries or another qualified specialist in reserves for loss is required; if the company has not filed with the state of domicile and electronically submitted to the NAIC;
  • A copy of the most recent examination, certified by the commissioner or other public officer conducting the examination;
  • A written notice of intention to continue doing business in Nevada; and
    • Mail filings separate from checks to:
      Nevada Division of Insurance
      Corporate and Financial Affairs Section
      1818 E. College Pkwy. Suite 103
      Carson City, NV 89706
  • The renewal fee and the Fund for Insurance Administration and Enforcement assessment. Invoices will be mailed in January.