# Own risk and solvency assessment (ORSA)

- Canonical URL: https://www.gerhardmerk.de/own-risk-and-solvency-assessment-orsa
- Post ID: 587564
- Modified: 2023-07-25T21:13:23+00:00
- Language: en

## Definition

Under Solvency II, insurance companies and pension funds can determine all their own risks and calculate the resulting capital requirements. The forward-looking assessment of own risk (FLAOR) was to be carried out for the first time in 2014. The companies report the result of the assessment to the responsible supervisory authority. - See impact study on long-term guarantees, Solvency Regulation. interest guarantee reserve. - Cf. Annual Report 2013 of BaFin, p. 120 f. (presentation of the FLAOR). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1