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2018 Code of Virginia
Title 38.2 - Insurance
Chapter 13 - Reports, Reserves and Examinations, Insurance Holding Companies, Reinsurance Intermediaries, and Managing General Agents
§ 38.2-1334.5. ORSA requirement
Universal Citation: VA Code § 38.2-1334.5 (2018)
Subject to ยง 38.2-1334.7, 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.
2014, c. 248.
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