Statute · California Insurance Code

Cal. Ins. Code § 935.4 — Own Risk and Solvency Assessment

Cal. Ins. Code § 935.4

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2014-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Subject to Section 935.6, 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…

Citator

Cal. Ins. Code § 935.4 — Own Risk and Solvency Assessment is in force in the current edition of the Code, and nothing recorded condemns it.

Subject to Section 935.6, 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.