GroundRules
33-2-1134: Own risk and solvency assessment required.
Where this section sits in the code
- TITLE 33. INSURANCE AND INSURANCE COMPANIES
- CHAPTER 2. REGULATION OF INSURANCE COMPANIES
- Part 11. Affiliation and Merger -- Holding Company Systems -- Own Risk and Solvency Assessment
Subject to the exemptions in 33-2-1136, an insurer or an insurance group of which the insurer is a member shall conduct an own risk and solvency assessment consistent with a process comparable to the ORSA guidance manual. The own risk and solvency assessment must be conducted no less than annually and 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 2026-09-14T04:52:16Z. Source file · JSON