May 22, 2015
Carrier Management published a bylined article by Steve Sumner, (Oliver Wyman Actuarial Consulting Principal ) and Micah Woolstenhulme, FCAS (Guy Carpenter Managing Director and ERM Client Advisor) on the 10 Do's and Don'ts of the Own Risk and Solvency Assessment (ORSA) Summary Report.
Carriers should keep their boards of directors in mind as they prepare ORSA Summary Reports, according to risk advisors from Oliver Wyman and Guy Carpenter. While ORSA is a regulatory requirement, regulators are not the real target audience. That’s just one piece of advice they list in this summary of 10 tips for carriers as they work through the ORSA reporting process