Alabama § 27-29A-7 Contents of ORSA Summary Report

Alabama Statutes

§ 27-29A-7 — Contents of ORSA Summary Report

Alabama·Title 27 Insurance·Ch. 29A Risk Management and Own Risk and Solvency Assessment

(a)The ORSA Summary Report shall be prepared consistent with the ORSA Guidance Manual, subject to the requirements of subsection (b). Documentation and supporting information shall be maintained and made available upon examination or upon request of the commissioner.

(b)The review of the ORSA Summary Report, and any additional requests for information, shall be made using similar procedures currently used in the analysis and examination of multi-state or global insurers and insurance groups.

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(a) The ORSA Summary Report shall be prepared consistent with the ORSA Guidance Manual, subject to the requirements of subsection (b). Documentation and supporting information shall be maintained and made available upon examination or upon request of the commissioner.
(b) The review of the ORSA Summary Report, and any additional requests for information, shall be made using similar procedures currently used in the analysis and examination of multi-state or global insurers and insurance groups.

Alabama § 27-29A-7 (Contents of ORSA Summary Report) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.