Statute · California Insurance Code

Cal. Ins. Code § 935.7 — Own Risk and Solvency Assessment

Cal. Ins. Code § 935.7

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

(a) The ORSA Summary Report shall be prepared consistent with the ORSA Guidance Manual, subject to the requirements of this section. Documentation and supporting information shall be maintained and made available upon examination or upon request of the commissioner.

Citator

Cal. Ins. Code § 935.7 — Own Risk and Solvency Assessment is in force in the current edition of the Code, and nothing recorded condemns it.

(a) The ORSA Summary Report shall be prepared consistent with the ORSA Guidance Manual, subject to the requirements of this section. Documentation and supporting information shall be maintained and made available upon examination or upon request of the commissioner.

(b) The commissioner shall review the ORSA Summary Report submitted pursuant to Section 935.5 and any additional requests for information, using procedures similar to those currently used in the analysis and examination of multistate or global insurers and insurance groups.