(a) The purposes of this title are to:
(1) require a carrier or insurance group to maintain a risk management framework and complete an ORSA;
(2) set the requirements for filing an ORSA Summary Report with the Commissioner; and
(3) provide for the confidential treatment of the ORSA, the ORSA Summary Report, and other ORSA–related information.
(b) This title applies to all carriers domiciled in the State that are not exempt under § 32–106 of this title.
Structure Maryland Statutes
Title 32 - Risk Management and Own Risk and Solvency Assessment Act
Section 32-102 - Purposes; Applicability
Section 32-103 - Maintenance of Risk Management Framework
Section 32-104 - Orsa to Be Conducted
Section 32-105 - Summary Report or Reports
Section 32-107 - Orsa Summary Report
Section 32-108 - Confidentiality Requirements