(1) “Guidance manual” means the version of the Own Risk and Solvency Assessment Guidance Manual developed
and adopted by the National Association of Insurance Commissioners that is in effect
at the time a summary report is provided. A change in the guidance manual becomes effective on the January 1 following the
calendar year in which the changes are adopted by the National Association of Insurance
(2) “Insurance group” means the insurers and affiliates included within an insurance holding company system
as described by Section 823.006.
(4) “Own risk and solvency assessment” means a confidential internal assessment, appropriate to the nature, scale, and
complexity of an insurer or insurance group, conducted by that insurer or insurance
group, of the material and relevant risks associated with the insurer or insurance
group's current business plan and the sufficiency of capital resources to support
(5) “Summary report” means a confidential, high-level summary of an insurer's or insurance group's own
risk and solvency assessment.
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