Risk management services
Our risk management services include at least the following deliveries:
- Defining or reviewing the risk management policies;
- Defining processes and procedures applicable to the undertaking;
- Assisting the companies Board of directors in the effective operation of the risk management system;
- Monitoring the risk management system;
- Monitoring the general risk profile of the undertaking;
- Detailed reporting on risk exposures;
- Advising undertaking’s Board on risk management matters;
- Identifying and assessing emerging risks;
- Own Risk and Solvency Assessment (ORSA). In particular :
- Defining the ORSA policy;
- Defining ORSA processes and procedures;
- Evidencing and documenting each ORSA and its outcome;
- Designing the ORSA report;
- Assessing the overall solvency needs;
- Assessing the compliance, on a continuous basis, with the capital requirements;
- Assessing the compliance, on a continuous basis, with the requirements regarding technical provisions;
- Assessing the significance with which the risk profile of the company deviates from the assumptions underlying the Solvency Capital Requirement.