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Own risk and solvency assessment requirement.

Utah Code § 31A-16a-104
in effect
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31A-16a-104. Own risk and solvency assessment requirement. Subject to Section 31A-16a-106, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an own risk and solvency assessment consistent with a process comparable to the ORSA guidance manual. The insurer or insurance group shall conduct the own risk and solvency assessment 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. Enacted by Chapter 168, 2017 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title31A/Chapter16A/31A-16a-S104.html?v=C31A-16a-S104_2017050920170509Fetched: 10/26/2026

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