Preparation of Report; Review and Use
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Law
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Georgia Code
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Insurance
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Insurance Holding Company Systems
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Own Risk and Solvency Assessment Report
- Preparation of Report; Review and Use
- 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.
- 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.
(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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