The ORSA Implementation for Canadian Insurers 2014 is a conference that covers topics such as:
- Developing an implementation plan to build on existing capabilities
- Dynamic Capital Adequacy Testing (DCAT)
- Financial Risk Management (FRM)
- The differences & similarities between DCAT & ORSA
- Quantitative Impact Studies (QIS)
- Reverse Stress Testing
- Are DCAT Scenarios appropriate for ORSA?
- What is the current GAP?
- OSFI regulatory requirements
- Capital Risk Planning
- Measurement
- Internal validation
- Budgeting
- Governance and board level involvement
- Managing impact and driving business benefits from ORSA
- Managing mixed signals: tension between regulatory and ORSA capital
- Increased governance, transparency and formalization of decision making
- Capital and business mix optimization to improve ROE under duel measures (ORSA and Regulatory Capital)
- Is ORSA capital irrelevant when regulatory capital is binding on aggregate?
- Building new capabilities
- Economic/Risk Capital estimations:
- A comprehensive risk appetite for ORSA
- Validation and governance
- Aggregation and diversification
- Supplementing the framework
- Integrating capital measures
- Integrating Earnings at Risk (EaR)
The ORSA Implementation for Canadian Insurers 2014 brings together:
- Economic Capital
- ORSA/ICAAP
- Internal Audit
- Regulatory Capital
- Enterprise risk
- Model Validation
- Quantitative Analysis
- Operational Risk
- Head of Compliance
- Chief Risk Officer
- Capital Planning