“Own Risk and Solvency Assessment” and “ORSA” defined.

Nev. Rev. Stat. § 692C.079
in effect
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“Own Risk and Solvency Assessment” or “ORSA” 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 those risks.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-692C.htmlFetched: 10/4/2026