Ohio § 3901.372 Definitions

Ohio Statutes

§ 3901.372 — Definitions

Ohio § 3901.372

Title 39Insurance

Ch. 3901Superintendent Of Insurance

This text of Ohio § 3901.372 (Definitions) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3901.372 (2026).

Text

For the purposes of sections3901.371to3907.378of the Revised Code:

(A)"Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in section3901.32of the Revised Code.

(B)"Insurer" has the same meaning as set forth in section3901.32of the Revised Code.

(C)"Own risk and solvency assessment" means a confidential internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group of the material and relevant risks associated with the insurer or insurance group's current business plan, and the sufficiency of capital resources to support those risks.

(D)"Own risk and solvency assessment guidance manual" means the current version of the own ri

Free access — add to your briefcase to read the full text and ask questions with AI

For the purposes of sections3901.371to3907.378of the Revised Code:

(A) "Insurance group" means those insurers and affiliates included within an insurance holding company system as defined in section3901.32of the Revised Code.

(B) "Insurer" has the same meaning as set forth in section3901.32of the Revised Code.

(C) "Own risk and solvency assessment" means a confidential internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group of the material and relevant risks associated with the insurer or insurance group's current business plan, and the sufficiency of capital resources to support those risks.

(D) "Own risk and solvency assessment guidance manual" means the current version of the own risk and solvency assessment guidance manual developed and adopted by the national association of insurance commissioners and as amended from time to time. A change in the own risk and solvency assessment guidance manual shall be effective on the first day of January following the calendar year in which the changes have been adopted by the national association of insurance commissioners.

(E) "Own risk and solvency assessment summary report" means a confidential high-level summary of an insurer or insurance group's own risk and solvency assessment.