Official Code of Georgia Annotated

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

33-13-34. Required conduct of ORSA.

Active

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

Subject to Code Section 33-13-36, 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.

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, § 33-13-34, 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, pages 635 to 636; merge action: carried; file SHA-256 4ecec175d949.

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