GroundRules
K.S.A. 40-6004: Same; annual assessment required.
Where this section sits in the code
- Chapter 40.—INSURANCE
- Article 60.—THE RISK MANAGEMENT AND OWN RISK AND SOLVENCY ASSESSMENT ACT
Subject to K.S.A. 40-6006, and amendments thereto, an insurer or the insurance group of which the insurer is a member shall regularly conduct an ORSA consistent with a process comparable to the ORSA guidance manual. The ORSA shall be conducted no less than annually, but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.
Collected 2026-10-15T06:15:51Z. Source file · JSON