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2025 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Chapter 732 - Organization and Corporate Procedures of Domestic Insurers; Regulation of Insurers Generally
Section 732.656 - Risk management framework.
Universal Citation:
OR Rev Stat § 732.656 (2025)
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An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on the insurer’s material and relevant risks. The insurer satisfies this requirement if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer. [2015 c.547 §4]
Note: See note under 732.650.
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