Rhode Island § 27-77-3 § 27-77-3. Risk management framework.

Rhode Island Statutes

§ 27-77-3 — § 27-77-3. Risk management framework.

Rhode Island § 27-77-3

Title 27Insurance

Ch. 27-77Risk Management and Own Risk and Solvency Assessment Act

This text of Rhode Island § 27-77-3 (§ 27-77-3. Risk management framework.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-77-3 (2026).

Text

§ 27-77-3. Risk management framework.
An insurer shall maintain a risk management framework to assist the insurer with identifying,
            assessing, monitoring, managing, and reporting on its material and relevant risks.
            This requirement may be satisfied if the insurance group of which the insurer is a
            member maintains a risk management framework applicable to the operations of the insurer.
         

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§ 27-77-3. Risk management framework.

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.