Our company provides services in Enterprise Risk Management (ERM), Own Risk and Solvency Assessment (ORSA), and Stress Testing (ST) for non-life insurance companies, ensuring compliance with regulatory requirements and supporting strategic risk management decisions.
 

• Stress Testing is a process used to assess the impact of adverse events or scenarios on an insurer’s financial performance and solvency position. We perform stress tests in accordance with regulatory requirements, such as those issued by the Office of Insurance Commission (OIC), on an annual basis. In addition, we can tailor stress testing within the ORSA framework or based on client-defined scenarios for internal risk management purposes.

 

• Enterprise Risk Management (ERM) provides a systematic and comprehensive approach to managing risks an organization may face, including risk identification, assessment, prioritization, and the development of effective risk management strategies.

 

• Own Risk and Solvency Assessment (ORSA) is a self-assessment process used to evaluate an insurer’s risk profile and overall solvency position, including its ability to meet financial obligations. We provide ORSA reports focusing on actuarial-related components or tailor the scope according to client requirements, ensuring that the company maintains adequate capital and resources to support its obligations.

Our team has extensive expertise and experience in preparing reliable and comprehensive ERM, ORSA, and Stress Test reports, helping insurance clients understand their risk profile and solvency position, and make informed strategic risk management decisions.