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.
History. Code 1981, § 33-13-33 , enacted by Ga. L. 2015, p. 608, § 2/SB 108.
Structure Georgia Code
Chapter 13 - Insurance Holding Company Systems
Article 2 - Own Risk and Solvency Assessment Report
§ 33-13-33. Maintenance of Risk Management Framework
§ 33-13-34. Required Conduct of Orsa
§ 33-13-35. Submission of Orsa Summary Report
§ 33-13-37. Preparation of Report; Review and Use
§ 33-13-38. Confidentiality and Protection