# Alaska Stat. § 21.23.020: Own risk and solvency assessment requirement

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.020

## Section

- **Citation:** Alaska Stat. § 21.23.020
- **Heading:** Own risk and solvency assessment requirement
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 21 / Chapter 21.23 / Section 21.23.020

## Text

Unless exempted under AS 21.23.040 , an insurer or the insurance group of which the insurer is a member shall conduct an own risk and solvency assessment consistent with the own risk and solvency assessment guidance manual (1) annually; and

(2) when significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member occur.

## Nearby sections

- [Alaska Stat. § 21.23.010 Risk management framework.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.010.md)
- [Alaska Stat. § 21.23.020 Own risk and solvency assessment requirement.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.020.md)
- [Alaska Stat. § 21.23.030 Own risk and solvency assessment summary report.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.030.md)
- [Alaska Stat. § 21.23.040 Exemptions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.040.md)
- [Alaska Stat. § 21.23.050 Contents of own risk and solvency assessment summary report.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.050.md)
- [Alaska Stat. § 21.23.060 Confidentiality.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.060.md)
- [Alaska Stat. § 21.23.070 Penalties.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.070.md)
- [Alaska Stat. § 21.23.080 Regulations.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.080.md)
- [Alaska Stat. § 21.23.090 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.090.md)
- [Alaska Stat. § 21.23.240 Purpose and construction.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.240.md)
- [Alaska Stat. § 21.23.250 Risk assessment.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.250.md)
- [Alaska Stat. § 21.23.260 Information security program.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.260.md)
- [Alaska Stat. § 21.23.270 Investigation of cybersecurity event.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.270.md)
- [Alaska Stat. § 21.23.280 Notification of cybersecurity event.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.280.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T21_C21.23_S21.23.020. Check the current official text before relying on it. Not legal advice.
