Own Risk & Solvency Assessment (ORSA)

An insurer that is subject to the Own Risk & Solvency Assessment (ORSA) requirements is expected to:

1. Regularly, no less than annually, conduct an ORSA to evaluate the adequacy of its risk management framework, along with current and estimated projected future solvency position;

2. Internally document the process and results of the assessment; and

3. Provide a confidential high-level ORSA Summary Report annually to the lead state commissioner if the insurer is a member of an insurance group and, upon request, to the domiciliary state regulator.

Are you well-versed in how to orchestrate cross functional collaboration that is needed to compile these in-depth documents and reports? This virtual workshop will cover ORSA requirements while participants create a project plan and timeline for the annual ORSA cycle. As an attendee, you’ll walk away with the knowledge and confidence to successfully handle this regulatory requirement.