Prospective solvency assessment


Question: Taunton Insurance is preparing its Own Risk and Solvency Assessment (ORSA) Summary Report. Which one of the following should be included in Section Three: The Prospective Solvency Assessment? Available answer options Select only one option A A description of risk-monitoring and assessment tools used in response to risk profile changes resulting from internal or external changes. B The level of capital necessary to manage and maintain the insurer's current business and future business for two to five years. C The level of operational, credit, cash flow, or market risk that could cause failure, given their current capital. D A description of how the insurer's risk appetite aligns with its risk management strategy.

 

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Accounting Basics: Prospective solvency assessment
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