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Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 13. INSURANCE HOLDING COMPANY SYSTEMS · Article 2. OWN RISK AND SOLVENCY ASSESSMENT REPORT

33-13-33. Maintenance of risk management framework.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. 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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 33-13-33, enacted by Ga. L. 2015, p. 608, § 2/SB 108.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, page 635; merge action: carried; file SHA-256 4ecec175d949.