West Virginia Code § 33-40B-5

ORSA Summary Report
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(a) Upon the commissioner's request, and no more than once each year, an insurer shall
submit to the commissioner an ORSA summary report or any combination of reports that
together contain the information described in the ORSA Guidance Manual, applicable to the
insurer and/or, the insurance group of which it is a member. Notwithstanding any request
from the commissioner, if the insurer is a member of an insurance group, thee insurer shall
submit the report(s) required by this subsection if the commissioner is the lead state
commissioner of the insurance group as determined by the proceduresr within the Financial
Analysis Handbook adopted by the NAIC.
(b) The report(s) shall include a signature of the insurer or insurance group's chief risk
officer or other executive having responsibility for the overstight of the insurer's enterprise
risk management process attesting to the best of his or her belief and knowledge that the
insurer applies the enterprise risk management process described in the ORSA summary
report and that a copy of the report has been provided to the insurer's board of directors or
the appropriate committee thereof.
(c) An insurer may comply with subsection (a) of this section by providing the most recent
and substantially similar report(s) provided by the insurer or another member of an
insurance group of which the insuregr is a member to the commissioner of another state or to
a supervisor or regulator of a foreign jurisdiction, if that report provides information that is
comparable to the informatione described in the ORSA Guidance Manual. Any report in a
language other than English must be accompanied by a translation of that report into the
English language. L

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