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Ernst & Young Forum - Solvency II: Unlocking the mystery of the risk framework around ORSA

Source: Asia Insurance Review | Feb 2010

Pillar 2 requires firms to undertake an Own Risk and Solvency Assessment (ORSA) to demonstrate “sound and prudent management of the business” and assess overall solvency needs. Ernst & Young discusses this, where companies currently stand and the issues and challenges they face.

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