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§ 3303. Risk management framework

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 33. Own Risk and Solvency Assessment Act
36 Okl.St.Ann. § 3303
§ 3303. 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 which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.

Credits

Laws 2015, c. 228, § 3, eff. Jan. 1, 2016.
36 Okl. St. Ann. § 3303, OK ST T. 36 § 3303
Current with emergency effective legislation through Chapter 125 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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