Rhode Island Statutes

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

Rhode Island·Title 27 Insurance·Ch. 27-77 Risk Management and Own Risk and Solvency Assessment Act

§ 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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Rhode Island § 27-77-3 (§ 27-77-3. Risk management framework.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 2013, ch. 53, § 1; P.L. 2013, ch. 59, § 1.

Nearby Sections

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