Sec. 5. As used in this chapter, "ORSA" or "own risk and solvency assessment" means a confidential internal assessment:
(1) that is:
(A) appropriate to the nature, scale, and complexity of; and
(B) conducted by;
an insurer or insurance group; and
(2) of the:
(A) material and relevant risks associated with the insurer or insurance group's current business plan; and
(B) sufficiency of capital resources to support the risks described in clause (A).