Kansas § 40-6004 Same; annual assessment required

Kansas Statutes

§ 40-6004 — Same; annual assessment required

Kansas § 40-6004

Ch. 40INSURANCE

Art. 60THE RISK MANAGEMENT AND OWN RISK AND SOLVENCY ASSESSMENT ACT

This text of Kansas § 40-6004 (Same; annual assessment required) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 40-6004 (2026).

Text

Subject to K.S.A. 40-6006, and amendments thereto, an insurer or the insurance group of which the insurer is a member shall regularly conduct an ORSA consistent with a process comparable to the ORSA guidance manual. The ORSA shall be conducted no less than annually, but also 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.

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Subject to K.S.A. 40-6006, and amendments thereto, an insurer or the insurance group of which the insurer is a member shall regularly conduct an ORSA consistent with a process comparable to the ORSA guidance manual. The ORSA shall be conducted no less than annually, but also 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.