Insurance Topics | Own Risk and Solvency Assessment | NAIC
2024年8月1日 · Pursuant to the ORSA Guidance Manual and the Risk Management and Own Risk and Solvency Assessment Model Act (#505), the ORSA has two primary goals: 1) to …
2022年8月11日 · The Own Risk and Solvency Assessment (ORSA) s hould be one element of an insurer’s enterprise risk management (ERM) framework. The ORSA a nd the ORSA Summary …
2017年12月4日 · The ORSA and the ORSA Summary Report link the insurer’s risk identification, assessment, monitoring, prioritization and reporting processes with capital management and …
ORSA Summary Report will be unique, reflecting the insurer’s business, strategic planning and approach to ERM. The commissione r will utilize the ORSA Summary Report to gain a high …
to state regulators. ORSA is a continuous, evolving process intended to develop, assess and present an insurer’s enterprise risk-management framework. The actual results and contents …
Own Risk and Solvency Assessment (ORSA) Implementation (E) …
Continue to provide and enhance an enterprise risk management (ERM) education program for state insurance regulators in support of the ORSA implementation. Continually review and …
MODEL LAW: ORSA analysis and review documentation should be considered the Department's own work product. However, regulators should exercise due care and professional judgment in …
The term “ORSA Guidance Manual” shall mean the current version of the Own Risk and Solvency Assessment Guidance Manual developed and adopted by the National Association of …
In addition, separately, the ORSA Guidance Manual discusses the regulator obtaining a high-level understanding of the insurer’s ORSA, and discusses how the ORSA Summary Report may …
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