Own risk and solvency assessment
id:
own-risk-and-solvency-assessment-289-4539212
title:
Own risk and solvency assessment
text:
At the heart of the prudential Solvency II directive, the own risk and solvency assessment (ORSA) is defined as a set of processes constituting a tool for decision-making and strategic analysis. It aims to assess, in a continuous and prospective way, the overall solvency needs related to the specific risk profile of the insurance company.
Risk Management and own risk and solvency assessment is a similar regulation that has been enacted in the US by the NAIC. Other jurisdictions are enacting simi
brand slug:
wiki
category slug:
encyclopedia
description:
System for assessing solvency needs of an insurance company
original url:
https://en.wikipedia.org/wiki/Own_risk_and_solvency_assessment
date created:
date modified:
2022-07-15T06:52:35Z
main entity:
{"identifier":"Q3359014","url":"https://www.wikidata.org/entity/Q3359014"}
image:
fields total:
13
integrity:
14