[ARTICLE 3D]

RISK MANAGEMENT AND OWN RISK AND SOLVENCY ASSESSMENT

 

     [§431:3D-101]  Scope and purpose.  (a)  This article shall apply to all insurers domiciled in this State unless exempt pursuant to section 431:3D-106.

     (b)  The purposes of this article shall be to:

     (1)  Provide the requirements for maintaining a risk management framework and completing an own risk and solvency assessment; and

     (2)  Provide guidance and instructions for filing an own risk and solvency assessment summary report with the commissioner. [L 2016, c 140, pt of §1]