Montana § 33-2-1134 Own Risk And Solvency Assessment Required

Montana Statutes

§ 33-2-1134 — Own Risk And Solvency Assessment Required

Montana § 33-2-1134

Title 33INSURANCE AND INSURANCE COMPANIES

Ch. 2REGULATION OF INSURANCE COMPANIES

Part 11Affiliation and Merger -- Holding Company Systems -- Own Risk and Solvency Assessment

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Bluebook

Mont. Code Ann. § 33-2-1134 (2026).

Text

33-2-1134 . Own risk and solvency assessment required. Subject to the exemptions in 33-2-1136 , an insurer or an insurance group of which the insurer is a member shall conduct an own risk and solvency assessment consistent with a process comparable to the ORSA guidance manual. The own risk and solvency assessment must be conducted no less than annually and 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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33-2-1134 . Own risk and solvency assessment required. Subject to the exemptions in 33-2-1136 , an insurer or an insurance group of which the insurer is a member shall conduct an own risk and solvency assessment consistent with a process comparable to the ORSA guidance manual. The own risk and solvency assessment must be conducted no less than annually and 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.