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23-69-404. Risk management framework.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-69-404. Risk management framework.

23-69-404. Risk management framework. (a) An insurer shall establish and maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on the insurer's material and relevant risks. (b) An insurer may satisfy subsection (a) of this section if the insurance group that the insurer is a member of maintains a risk management framework that is applicable to the operations of the insurer.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-69-404

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:23-69-404
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 1cc2004bb3614e4b63718882b23ba50ba02c2d9b6ab7cf5debc09165027dc7f1

Source location: content.xml paragraph 41392

Stored source content

23-69-404. Risk management framework. (a) An insurer shall establish and maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on the insurer's material and relevant risks. (b) An insurer may satisfy subsection (a) of this section if the insurance group that the insurer is a member of maintains a risk management framework that is applicable to the operations of the insurer.

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