An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.
Miss. Code Ann. § 83-85-7
Risk management framework
Known as the Own Risk and Solvency Assessment Act
The act spans §§ 83–83 (11 sections).
Laws, 2017, ch. 306, § 14, 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.