Own risk and solvency assessment (orsa)
Regulators request additional details on risk mitigating activities and capital levels
Insurance supervisor will also allow XBLR reporting, says regulator's head of Solvency II
Industry trying to focus on Orsa and regulatory capital
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Own risk and solvency assessment (orsa) articles
Proportionality concerns remain as narrative reporting to be included in UK preparatory phase
GRC platforms are gaining popularity for insurers in the US, particularly in light of the Orsa. But with a changing business environment alongside an increased regulatory focus, insurance companies need to be sure about what they’re investing in. Jessica...
US insurer's op risk head Kay Rahardjo discusses solvency regulations and the lessons learned from 2012's superstorm
US insurers dealing with potentially heavier load from federal regulation and the Orsa
Eiopa urged to rein in draft measures in responses to consultation
Regulator soothes industry concerns over tight compliance deadlines
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future