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2017 Kansas Statutes
Chapter 40 INSURANCE
Article 60 THE RISK MANAGEMENT AND OWN RISK AND SOLVENCY ASSESSMENT ACT
40-6004 Same; annual assessment required.
Universal Citation: KS Stat § 40-6004 (2017)
40-6004. Same; annual assessment required. Subject to K.S.A. 2017 Supp. 40-6006, and amendments thereto, 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.
History: L. 2015, ch. 18, § 4; Jan. 1, 2017.
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