Speaker(s): Clemens Frey
Extract from the webinar AAE Websession on ORSA and ESAP 3
Clemens Frey speaks about the ORSA process in general, including the objectives, which parties are involved and the technical difficulties associated with the ORSA process.
He also speaks on the roles in the process, particularly the roles of risk management and actuarial functions.
Finally, he covers the experience emerging from a few years of ORSA practice. Has ORSA been an eyeopener, and what is still needed to make it more value-adding for (re-)insurance companies?