A new study from Conning emphasizes the need for insurers to have a clear understanding of their risks and transparent processes in place to manage those risks.
“The collective effect of the forthcoming regulatory initiatives such as Solvency II, NAIC’s Solvency Modernization, ORSA, and others is an intensified focus on the key levers of solvency protection: increased risk capital and enhanced risk management,” said Alan Dobbins, analyst at Conning.
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