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It is the year of the goat according to the Chinese calendar, but for the majority of the U.S. Insurers, 2015 will be the year of RMORSA. Indeed, the implementation of the new Model Act - Risk Management and Own Risk and Solvency Assessment (RMORSA) - will see...
from Blog: InsuranceModified by Christian Bieck firstname.lastname@example.org
Curt Burmeister email@example.com Tags: orsa naic risk_management insurance rmosra capital_modeling 1,082 Visits
The U.S. Risk Management and Own Risk Solvency Assessment (RMORSA) Model Act – adopted by the National Association of Insurance Commissioners (NAIC) in September 2012, and expected to take effect starting in 2015 – will lead to a shift in how insurers manage...
from Blog: Insurance