Navigating Own Risk and Solvency Assessment (ORSA) Requirements | Riskonnect

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Navigating Own Risk and Solvency Assessment (ORSA) Requirements

Navigating Own Risk and Solvency Assessment (ORSA) Requirements

We are now more than a year into the guidelines that went into effect June 2015 for medium/large insurers to comply with Own Risk and Solvency Assessment (ORSA) requirements that include the assessment and management of all risks (not just underwriting risks) in their annual reports. They must be able to demonstrate that they have in place a process for the management of these risks (not just a snapshot).

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