Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER681A. Kinds of Insurance; Limits on Risk; Reinsurance |
REINSURANCE |
Brokers and Managers |
NRS681A.380. “Retrocession” defined.
Latest version.
- “Retrocession” means a transaction whereby a reinsurer cedes to another reinsurer all or part of the reinsurance it has previously assumed.
(Added to NRS by 1995, 1760)