Tag: ORSA
Own Risk and Solvency Assessment
The hard edge of the ORSA
— “You don’t have to be afraid of sharing with your supervisor your major risks. I think the worst case for a supervisor is having…
ORSA sprawl
COMMENT The Gibraltar Financial Services Commission (GFSC) is actively involved in the preparation for Solvency II. As Gibraltar is home to many insurance and financial…
Practical thoughts about the ORSA
The ORSA remains a unique challenge for Solvency II, and arguably the Directive’s most important component. The requirement to assess all risks on an on-going…
Emerging ORSA patterns
COMMENT The Danish regulator is beginning to detect emerging patterns in the way insurers are conducting the ORSA: the Solvency II centrepiece. Jan Parner, Deputy…
ORSA and the CFO – making it work for your business
COMMENT The ORSA must be part of the business. Clare Bousfield, Chief Financial Officer, Aegon UK, describes how to derive value from the ORSA by shifting ownership from the…