The purpose of this chapter is to provide the requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA) and provide guidance and instructions for filing an ORSA Summary Report with the insurance commissioner of this state. The requirements of this chapter shall apply to all insurers domiciled in this state unless exempt pursuant to Section 83-85-13.
Miss. Code Ann. § 83-85-3
Own Risk and Solvency Assessment (ORSA) purpose and scope
Known as the Own Risk and Solvency Assessment Act
The act spans §§ 83–83 (11 sections).
Laws, 2017, ch. 306, § 12, eff from and after Jan. 1, 2018.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.