Ark. Code Ann. § 23-69-405: Own risk and solvency assessment - Requirements
Where this section sits in the code
- AR Code
- Title 23
- Chapter 69
- Subchapter 4
Except as provided in § 23-69-407 , an insurer or the insurance group that the insurer is a member of shall perform an own risk and solvency assessment:
(1) According to the Own Risk and Solvency Assessment Guidance Manual or a comparable process; and
(2) Annually, or at any time a significant change to the risk profile of the insurer or the insurance group of which the insurer is a member occurs.
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