Arkansas Statutes
§ 23-69-405 — Own risk and solvency assessment - Requirements
Arkansas·Title 23
Except as provided in § 23-69-407 , an insurer or the insurance group that the insurer is a member of shall perform an own risk and solvency assessment:
(1)According to the Own Risk and Solvency Assessment Guidance Manual or a comparable process; and (2) Annually, or at any time a significant change to the risk profile of the insurer or the insurance group of which the insurer is a member occurs.
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Legislative History
Added by Act 2015, No. 1223,§ 31, eff. 7/22/2015.
Nearby Sections
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Copies of official papers as evidence§ 23-1-115
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