Contents of ORSA Summary Report

22 V.I.C. § 492 — under Virgin Islands Risk Management and Own Risk and Solvency Assessment Act.

22 V.I.C. § 492

(a) The insurer shall prepare the ORSA Summary Report consistent with the ORSA Guidance Manual, subject to the requirements of subsection (b) of this section. The insurer shall maintain documentation and supporting information and make them available upon examination or upon request of the Commissioner.

(b) The review of the ORSA Summary Report, and any additional requests for information, shall be made using similar procedures currently used in the analysis and examination of multi-state or global insurers and insurance groups.