With the Own Risk and Solvency Assessment (ORSA) set to be a key regulatory mechanism under the new regime, how can insurers get on track and turn the process into an opportunity to extract real business benefits from their Solvency II investment? This includes using the ORSA to showcase risk management capabilities to stakeholders and demonstrate how risk and capital management are used to support decision-making and ultimately create value.
Driving the ORSA into decision making. October 2010
Winning over key stakeholders. June 2009
Chris Hancorn, an associate director in PricewaterhouseCoopers’ risk advisory team, looks at how insurers can develop their Own Risk and Solvency Assessment (ORSA), an all encompassing challenge which for all firms will be a key part of their Solvency II project.
[October, 2010]