Limitations and requirements.
Nev. Rev. Stat. § 681A.420
in effect1. A person shall not act as a broker for reinsurance for a domestic insurer or reinsurer unless the person is:
(a) A licensed producer in this state; or
(b) Licensed as a nonresident intermediary for reinsurance in this state.
2. A person shall not act as a broker for reinsurance for a foreign or alien insurer or reinsurer if the person maintains an office, directly or as a member or employee of a firm or association or as an officer, director or employee of a corporation in this state, unless the person is:
(a) A licensed producer in this state; or
(b) Licensed as a nonresident intermediary for reinsurance in this state.
3. A person shall not act as a manager for reinsurance for a domestic insurer or reinsurer unless the person is:
(a) A licensed producer in this state; or
(b) Licensed as a nonresident manager for reinsurance in this state.
4. A person shall not act as a manager for reinsurance for any foreign or alien insurer or reinsurer if the person maintains an office, directly or as a member or employee of a firm or association or as an officer, director or employee of a corporation in this state, unless the person is:
(a) A licensed producer in this state; or
(b) Licensed as a nonresident manager for reinsurance in this state.
5. A manager for reinsurance shall:
(a) File a bond which complies with NRS 679B.175 and is in an amount that is acceptable to the Commissioner for the protection of the reinsurer; and
(b) Maintain a policy covering errors and omissions in an amount that is acceptable to the Commissioner.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681A.htmlFetched: 10/4/2026