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US Orsa pilot reports lack clarity - NAIC

Regulators request additional details on risk mitigating activities and capital levels

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US insurers need to make their Own Risk and Solvency Assessment (Orsa) reports more transparent to state regulators, according to the National Association of Insurance Commissioners (NAIC).

The standard-setting body issued feedback to insurers following the completion of an Orsa pilot project. In its report the NAIC called for insurers to improve the structure and presentation of their Orsa

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