Rhode Island Statutes

§ 27-77-4 — § 27-77-4. ORSA requirement.

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

§ 27-77-4. ORSA requirement.

Subject to § 27-77-6, 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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Rhode Island § 27-77-4 (§ 27-77-4. ORSA requirement.) — 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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