Sec. 12. (a) Except as provided in subsection (b), an ORSA summary report must be prepared in a manner consistent with the ORSA guidance manual. Documentation and supporting information must be maintained and made available upon examination or request of the commissioner.
(b) The commissioner's review of an ORSA summary report, and any requests for additional information, must be made in a manner similar to the procedures used by the commissioner in the analysis and examination of multistate or global insurers and insurance groups.
As added by P.L.129-2014, SEC.8.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 23.5. Risk Management and Own Risk and Solvency Assessment
27-1-23.5-1. Application of Chapter
27-1-23.5-3. "Insurance Group"
27-1-23.5-7. "Orsa Summary Report"
27-1-23.5-8. Risk Management Framework
27-1-23.5-9. Conducting an Orsa
27-1-23.5-10. Orsa Reports; Requirements
27-1-23.5-12. Orsa Summary Report Preparation, Review