NRS681A.280. “Broker for reinsurance” defined.

Latest version.

“Broker for reinsurance” means a person who negotiates a contract of reinsurance between a reinsured and reinsurer on behalf of the reinsured and who receives a commission for placement and other services rendered. The term does not include the ceding insurer.

(Added to NRS by 1995, 1760)

                    
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