NAIC Own Risk and Solvency Assessment (ORSA) Guidance Manual The requirements outlined in this Manual are based on the requirements of the NAIC Risk Management and Own Risk and Solvency Assessment Model Act (#505). An insurer using this Manual should refer to the laws adopted by the insurer’s state of domicile when determining its requirements for risk management, its Own Risk and Solvency Assessment (ORSA) and for preparing its ORSA Summary Report. The purpose of this Manual is to provide guidance to an insurer and/or an insurance group of which the insurer is a member (herein referred to as “insurer” or “insurers”) with regard to reporting on its Own Risk and Solvency Assessment (ORSA) [as required by the domestic state’s version of the NAIC Risk Management and Own Risk and Solvency Assessment Model Act (#505)].