June 28th, 2010
The Time Profile of Risk: From the Desk of Guy Carpenter’s Chief Actuary
Posted at 1:00 AM ET
Don Mango, Chief Actuary
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According to the draft European Union Solvency IIc directives, companies will need to provide an “own risk and solvency assessment” (ORSA). The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has prepared an issues paper that provides guidance to assist (re)insurers in implementing the ORSA.
