Tag: Pillar II
Solvency II Pillar II – Governance and Supervision
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…
ORSA and the Board – focus on the essentials
COMMENT The Board and senior management must actively engage with the ORSA. Alina vom Bruck, a member of the risk management team at the…
Lessons for delivering an effective ORSA
COMMENT Few supervisors have had as much experience with ORSA submissions as the Dutch prudential supervisor (De Nederlandsche Bank, DNB). Together with the Dutch…
ORSA challenges for the year ahead – 2014
No he didn’t! Did he?He did! Yes, dear reader, I did. I took an article that I published two years ago, changed the dates and…
