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ORSAa Short Term Insurance Perspective
Francois Berry
Agenda
ThemesBenefitsSummary
Optimal CapitalOptimal Capital
Risk ProfileRisk Profile
Risk ProfileModel deficienciesChanges since last timeElements not modelledGroup Capital RequirementsProjection of Capital requirements
Optimal CapitalOptimal Capital
Risk ProfileRisk Profile Business Business StrategyStrategy
Business StrategyVision & Mission (Part of standing info)Unpacking strategy (lessons learnt)Financial results overview (including Forecast)External Environment
Optimal CapitalOptimal Capital
Risk ProfileRisk Profile StrategyStrategy
FrameworksFrameworks
Risk Frameworks &Governance
3 lines of defenceOperational Risk - (deeper than capital modelling)
Risk Events
Optimal CapitalOptimal Capital
Risk ProfileRisk Profile StrategyStrategy
Risk Risk FrameworksFrameworks The UnknownThe Unknown
The Unknown
Scenario Testing (link to strategy)Emerging risks
The Benefits
Summary of many summaries.....Understanding of key risk driversFocus on Risk AppetiteAn assessment of what needs to be done
Optimal CapitalOptimal Capital
Risk ProfileRisk Profile StrategyStrategy
Risk FrameworksRisk Frameworks The UnknownThe Unknown
Forward Looking
Link to Risk strategy
