Official Code of Georgia Annotated

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

33-13-37. Preparation of report; review and use.

Active

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

(a)
The ORSA Summary Report shall be prepared consistently with the ORSA Guidance Manual, subject to the requirements of subsection (b) of this Code section. Documentation and supporting information shall be maintained and made available upon examination or upon request of the Commissioner.#
(b)
The review of the ORSA Summary Report and any additional requests for information shall be made using similar procedures used in the analysis and examination of multistate or global insurers and insurance groups.#

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, § 33-13-37, enacted by Ga. L. 2015, p. 608, § 2/SB 108; Ga. L. 2019, p. 337, § 1-68/SB 132. The 2019 amendment, effective July 1, 2019, in subsection (b), substituted ‘‘ORSA Summary Report and any additional requests for information shall’’ for ‘‘ORSA Summary Report, and any additional requests for information, shall’’ and deleted ‘‘currently’’ following ‘‘similar procedures’’.

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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 638; merge action: carried; file SHA-256 4ecec175d949.

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