NAIC Moves ORSA Forward
By Denise Tessier November 22, 2011
During the past 15 months, as part of the NAIC’s Solvency Modernization Initiative (SMI), the NAIC has been developing requirements for all insurance companies regulated in the U.S. to conduct an Own Risk and Solvency Assessment (ORSA), and report their enterprise risk management (ERM) practices and related findings to their respective regulators. read more..
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