{"data":{"id":"us-in/ic-27-1-23.5-5","jurisdiction":"us-in","citation":"IC 27-1-23.5-5","heading":"\"ORSA\"","body":"Sec. 5. As used in this chapter, \"ORSA\" or \"own risk and solvency assessment\" means a confidential internal assessment:\n(1) that is:\n(A) appropriate to the nature, scale, and complexity of; and\n(B) conducted by;\nan insurer or insurance group; and\n(2) of the:\n(A) material and relevant risks associated with the insurer or insurance group's current business plan; and\n(B) sufficiency of capital resources to support the risks described in clause (A).","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 23.5. Risk Management and Own Risk and Solvency Assessment"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-23.5-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"0cd3bcd012021e14574ba9f040a883565e17babb0461956d78622168eddb3ef0","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-23.5-4","next":"us-in/ic-27-1-23.5-6"},"notice":"GroundRules: Original legal text. Not legal advice."}