The ORSA process in action

The presentation will be on the ORSA (own risk and solvency assessment) process which is a very important part of Solvency II in Europe. In essence, the ORSA is about decision-making and planning within an insurance company taking risks into consideration. In Europe, all insurance companies need to do an ORSA and submit to local Financial Supervisory Authorities. Solvency II came into effect from January 1, 2016.