S.C. Code Ann. § 38-13-840: Insurers required to conduct ORSA on no less than an annual basis.
Where this section sits in the code
- Title 38 - INSURANCE
- CHAPTER 13 Examinations, Investigations, Records, and Reports
- ARTICLE 8 Own Risk and Solvency Assessment
Subject to Section 38-13-860, an insurer, or the insurance group of which the insurer is a member, regularly shall conduct an ORSA consistent with a process comparable to the ORSA Guidance Manual. The ORSA must be conducted no less than annually but also when significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member occur.
Collected 2026-09-02T07:11:44Z. Source file · JSON