Integrating Risk and Capital Management into Strategy and Planning - Key to Assessing Risk and Reward for Insurers

Insurers should consider the Own Risk and Solvency Assessment (ORSA) requirement of Solvency II as an opportunity to help implement integrated planning—the alignment of strategy, business and financial planning, capital management, risk and capital modeling, solvency assessment and stress and scenario testing.

This approach will enhance the ability of both the board and management to make better strategic decisions, ultimately helping the company to draw closer to high performance.

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