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Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup

2020 Membership

2021 Proposed Charges

The Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup of the Group Solvency Issues (E) Working Group will:

  1. Continue to provide and enhance an enterprise risk management (ERM) education program for regulators in support of the ORSA implementation.
  2. Continually review and monitor the effectiveness of the Risk Management and Own Risk and Solvency Assessment Model Act (#505) and its corresponding NAIC Own Risk and Solvency Assessment (ORSA) Guidance Manual; consider revisions as necessary.

2020 Charges

The ORSA Implementation (E) Subgroup of the Group Solvency Issues (E) Working Group will:

  1. Continue to provide and enhance an enterprise risk management (ERM) education program for regulators in support of the Own Risk and Solvency Assessment (ORSA) implementation.
  2. Continually review and monitor the effectiveness of the Risk Management and Own Risk and Solvency Assessment Model Act (#505) and its corresponding NAIC Own Risk and Solvency Assessment (ORSA) Guidance Manual; consider revisions as necessary.
RFSWG/ORSA Subgroup Joint Call
Joint Call:
Risk-Focused Surveillance (E) Working Group
Own Risk and Solvency Assessment (ORSA) Implementation (E) Subgroup

Public Webex Meeting
Tuesday, October 27, 2020
2:00 PM ET, 1:00 PM CT, 12:00 PM MT, 11:00 AM PT Expected Length of Call: 1 hr
Webex Link

The purpose of the call will be to discuss comments received on the exposure of ORSA review guidance.


Related NAIC Publications

Contacts

Media Inquiries
(816) 783-8909
news@naic.org


Bruce Jenson
Assistant Director – Solvency Monitoring
Phone: 816.783.8348

Elisabetta Russo 
ERM Advisor
Phone: 816.783.8913

Please see the current Committee List for a complete list of committee members.