Leela
Insurance financial governance and reporting
FG-03
Draft

Assess ORSA scope and enterprise risks

Requirement

Determine whether an ORSA or related enterprise-risk filing is required, including group thresholds and any waiver. If required, assemble a management-owned risk and solvency assessment using validated inputs and appropriate governance.

Trigger

Annual

At annual scope assessment and material changes

Action

Determine whether an ORSA or related enterprise-risk filing is required, including group thresholds and any waiver. If required, assemble a management-owned risk and solvency assessment using validated inputs and appropriate governance.

Evidence
  • ORSA scope decision and approved risk assessment

    Controlled record with date, owner, source and review history

Owner

Chief risk officer

Leela can
Human required

A person must do the work; Leela can track it and file the evidence.

A qualified person performs and approves this control; Leela can organize its task and evidence.

Applies

Tell Leela about your company to see whether this applies.

Status
Setup needed

Tell Leela how you handle it today, or hand it over: see what’s next.

What’s next?