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48 chapters · 1,410 sections in this title.
Utah Code § 31A-16a-101 Title -- Scope.
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31A-16a-101. Title -- Scope. (1) This chapter is known as the "Risk Management and Own Risk and Solvency Assessment Act." (2) This chapter applies to an insurer domiciled in this state unless exempt pursuant to Section. 31A-16a-106
Utah Code § 31A-16a-103 Risk management framework.
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31A-16a-103. Risk management framework. An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on its material and relevant risks. This requirement may be satisfied if the insurance group of whi…
Utah Code § 31A-16a-104 Own risk and solvency assessment requirement.
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31A-16a-104. Own risk and solvency assessment requirement. Subject to Section, 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 in…
Utah Code § 31A-16a-105 ORSA summary report.
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31A-16a-105. ORSA summary report. (1) Upon the commissioner's request, and no more than once each year, an insurer shall submit to the commissioner an ORSA summary report or any combination of reports that together contain the information described in the ORSA guidance manual, ap…