Sec. 9. Subject to section 11 of this chapter, an:
(1) insurer; or
(2) insurance group of which an insurer is a member;
shall, at any time when significant changes occur to the risk profile of the insurer or insurance group and at least one (1) time per year, conduct an ORSA in a manner consistent with the ORSA guidance manual.
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