Deriving Value from ORSA

Submitted on 7th September 2017

An Executive Board (the Board) has a significant role to play in 1) overseeing management's assessments of risk and solvency and in 2) challenging ORSA results as they are communicated by management. The purpose of this paper is to provide members of the Board insight into the value of the ORSA process – regardless of the specific implementation and requirements for ORSA in a given regulatory environment - and to establish Board expectations for the information that senior management should routinely communicate to them.

Source
IAA
Length of Resource
12 pages
Author
IAA
Date Published
Publication Type
paper
Resource Type
academic