6533b7d9fe1ef96bd126d60a
RESEARCH PRODUCT
Own Risk and Solvency Assessment
Meinrad Drehersubject
SolvencyDocumentationActuarial scienceInternal auditbusiness.industrymedia_common.quotation_subjectStrategic managementPublic disclosureBusinessDirectiveFunction (engineering)Risk managementmedia_commondescription
The own risk and solvency assessment under art. 45 of the Solvency II Directive forms the subject of this chapter. Initial attention is given to clarifying the role of ORSA in the insurance supervisory regime and the principles applicable to it. Then follows a discussion of the relationship of ORSA to the risk management function as well to the other key functions under the insurance supervisory regime. In conclusion, the chapter addresses, inter alia, the documentation, the public disclosure, and the supervisory powers involved in an ORSA procedure.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2015-01-01 |