1. MCA Contents
  2. TITLE 33
  3. CHAPTER 2
  4. Part 11
  5. 33-2-1131 Purpose

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 2. REGULATION OF INSURANCE COMPANIES

Part 11. Affiliation and Merger -- Holding Company Systems -- Own Risk and Solvency Assessment

Purpose

33-2-1131. Purpose. The purpose of sections 33-2-1130 through 33-2-1138 is to provide:

(1) requirements for maintaining a risk management framework and completing an own risk and solvency assessment; and

(2) guidance and instructions for filing an ORSA summary report with the commissioner.

History: En. Sec. 2, Ch. 370, L. 2015.