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Details

Industry: Financial Services, Insurance, Solvency II
Type: Business and industry issue
Date: 05/10/2011

Pillar 2 considerations

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Pillar 2 includes the Own Risk and Solvency Assessment, the “ORSA” which is at the heart of Solvency II. Firms need to demonstrate that their Enterprise Risk Management framework is appropriate to the nature, scale and complexity of the risks within their business.

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