Subject to Section 83-85-13, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to the ORSA Guidance Manual.The ORSA shall be conducted no less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.
Miss. Code Ann. § 83-85-9
ORSA requirement
Known as the Own Risk and Solvency Assessment Act
The act spans §§ 83–83 (11 sections).
Laws, 2017, ch. 306, § 15, 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.