IAIS Insurance Core Principles (ICPs)
ICP 16: Enterprise risk management for solvency purposes – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 16.12: 16.12 ORSA scope: all material risks, the link between risk and financial resources, and where necessary macroeconomic and counterparty stress

The ORSA must cover all reasonably foreseeable and relevant material risks, at least insurance, credit, market, concentration, operational and liquidity risks and group risk where applicable, and identify the relationship between risk management and the level and quality of financial resources needed and available; where necessary it also assesses resilience against severe but plausible macroeconomic stresses and aggregate counterparty exposures under stress through scenario analysis or stress testing.

Maintained by Gerard BlokdykControl text last updated

Other controls in ICP 16: Enterprise risk management for solvency purposes – IAIS Insurance Core Principles (ICPs)

Query this from an agent

The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.