Requires large insurers and insurance groups to conduct an Own Risk and Solvency Assessment, evaluating the adequacy of their risk management framework and capital position. Applies to insurers meeting specified premium or group premium thresholds.
7
Rules extracted
70
Obligations decomposed
10.0x
Avg obligations per rule
🇺🇸 United States
Jurisdiction
Model act requiring insurers and insurance groups to maintain a risk management framework and to conduct an Own Risk and Solvency Assessment (ORSA). Requires filing of an annual ORSA Summary Report with the lead state commissioner. Adopted by all 50 states and DC as required by NAIC accreditation standards effective January 1, 2018.
Source
1
Regulation
Extracted
7
Rules
Decomposed
70
Obligations
Decomposition ratio
Each rule is decomposed into an average of 10.0 atomic obligations — the smallest testable units that can be independently violated.
Fully extracted & scored
All 70 obligations have been decomposed, titled, risk-scored, and embedded for semantic matching.
Every obligation in Model Law #505 is scored across independent risk dimensions:
Obligation Weight
How critical within the regulatory framework
Violation Likelihood
How often breached in practice
Enforcement Evidence
Regulator enforcement history and penalties
Cascade Dependency
How many obligations depend on this one
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14 rules, 58 obligations
13 rules, 83 obligations
10 rules, 67 obligations
10 rules, 71 obligations
13 rules, 211 obligations
10 rules, 150 obligations
10 rules, 52 obligations
16 rules, 260 obligations
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