Own Risk and Solvency Assessment

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf insurance regulation process
gptkbp:abbreviation gptkb:ORSA
gptkbp:adoptedBy gptkb:United_States
gptkbp:appliesTo insurance companies
gptkbp:component enterprise risk management
gptkbp:frequency at least annually
https://www.w3.org/2000/01/rdf-schema#label Own Risk and Solvency Assessment
gptkbp:includes scenario analysis
stress testing
forward-looking assessment
gptkbp:language English
gptkbp:originatedIn gptkb:European_Union
gptkbp:purpose identify risks
assess solvency needs
support risk management
gptkbp:relatedTo gptkb:legislation
risk-based capital
internal model
gptkbp:reportsTo insurance supervisor
gptkbp:requires gptkb:Solvency_II_Directive
NAIC Model Law
gptkbp:bfsParent gptkb:ORSA
gptkbp:bfsLayer 7