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Own Risk and Solvency Assessment: From Regulation to Implementation

Deloitte Dbriefs | Insurance

Start Date and Time

November 6, 2012 11:00 AM

End date and time

November 6, 2012 12:00 PM

Time zone:

(GMT-05:00) Eastern Time (US & Canada)

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Host: Rebecca Amoroso, Principal - Deloitte Services LP
1 Intermediate CPE Credit: Specialized Knowledge & Applications 

The requirement to regularly conduct an Own Risk and Solvency Assessment (ORSA) is the single most important regulatory reform the U.S. insurance industry has seen in years. Insurers will need to implement an enterprise risk management framework, quantify capital requirements for all material risks, forecast their solvency position, and prepare for annual reporting to regulators. We'll discuss:

  • The international context of the ORSA regulations.
  • The NAIC ORSA requirements, challenges, and timeline.
  • Getting started – ORSA framework implementation strategies.

Learn how insurers can embed their ORSA framework into decision making and strategic and risk management processes, thereby transforming this regulatory requirement into a business opportunity.

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