Risk Management Framework; Own Risk And Solvency Assessments.

This is Article 5.1 of the Code of Virginia, titled “Risk Management Framework; Own Risk And Solvency Assessments..” It is part of Title 38.2, titled “Insurance.” It is part of Chapter 13, titled “Reports, Reserves And Examinations, Insurance Holding Companies, Reinsurance Intermediaries, And Managing General Agents.” It’s comprised of the following 8 sections.

§ 38.2-1334.10

Sanctions

§ 38.2-1334.3

Definitions

§ 38.2-1334.4

Risk management framework

§ 38.2-1334.5

ORSA requirement

§ 38.2-1334.6

ORSA summary report

§ 38.2-1334.7

Scope of article; exemption

§ 38.2-1334.8

Contents of ORSA summary report

§ 38.2-1334.9

Confidentiality