Event Paper: ORSA – Value-add or Value-less

What does Own Risk and Solvency Assessment (ORSA) mean to you? Is it fundamental to your business or a box-ticking exercise?

Leveraging insights from the Hymans Robertson 2024 GI ORSA survey, this interactive session will explore the evolving regulatory landscape for ORSA reporting as well as current and emerging industry practices.

In this session, we’ll:

  • explore emerging approaches to risk identification and scenario analysis
  • compare internal uses and attitudes towards ORSA between organisations of different sizes, types and complexity
  • address the growing emphasis on forward-looking ORSA reporting beyond mere compliance
  • discuss the varying ways insurers can use ORSA to inform strategic decision-making

Finally, we'll explore emerging best practices and innovative solutions to enhance the effectiveness and efficiency of the ORSA reporting processes.

From leveraging technology and automation to fostering a culture of risk awareness and accountability, we'll discuss practical strategies for optimising ORSA reporting frameworks and delivering greater value to stakeholders.

Target audience and assumed knowledge level: Prior knowledge is required.

Speaker and company: Muhammad Ali and Krish Kistnassamy, Hymans Robertson