Own risk and solvency assessment (ORSA)
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).
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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/
