Ohio Code § 3906.06
Ohio Code § 3906.06. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 3906.06.
In acquiring, investing, exchanging, holding, selling, and managing investments under
this chapter, an insurer shall establish and follow a written investment policy that
shall be reviewed and approved by the insurer's board of directors on at least an
annual basis. The content and format of an insurer's investment policy are at the insurer's discretion,
but shall include written guidelines appropriate to the insurer's business with regard
to all of the following: (A) The general investment policy of the insurer, containing policies, procedures, and
controls covering all aspects of the investing function; (B) Quantified goals and objectives regarding the composition of classes of investments,
including maximum internal limits; (C) Periodic evaluations of the investment portfolio as to its risk and reward characteristics; (D) Professional standards for the individuals making day-to-day investment decisions
to assure that investments are managed in an ethical, prudent, and capable manner; (E) The types of investments that are allowed and that are prohibited, based on their
risk and reward characteristics and the insurer's level of experience with the investments; (F) The relationship of classes of investments to the insurer's insurance products and
liabilities; (G) The manner in which the insurer intends to implement section 3906.05 of the Revised Code ; (H) The level of risk, based on quantitative measures, appropriate for the insurer given
the level of capitalization and expertise available to the insurer.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 3906.06
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 3906.06?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 3906.06 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 3906.06 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.