As used in this chapter, 'ORSA' or 'own risk and solvency assessment' means a confidential internal assessment:(1) that is:(A) appropriate to the nature, scale, and complexity of; and(B) conducted by;an insurer or insurance group; and(2) of the:(A) material and relevant risks associated with the insurer or insurance group's current business plan; and(B) sufficiency of capital resources to support the risks described in clause (A).As added by P.L.129-2014, SEC.8.
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