8 days ago · The IAIS (International Association of ... management arrangements, lines of responsibility, systems of risk management and internal controls.

6 days ago · To ensure that internal controls are effectively designed, implemented, and evaluated to mitigate risks and comply with regulatory requirements.

7 days ago · The accountability for establishing and overseeing modelling criteria typically lies with the supervisor's risk and compliance department. The ...

7 days ago · To ensure that the supervisor has access to the stress test results, scenario analyses, and risk modeling performed by the insurer. This enables ...

7 days ago · Internal Controls: Data analytics: Analyzing ... risk management measures. ** Warning: The ... IAIS - Insurance Core Principles and Common ...

7 days ago · The ORSA process involves a comprehensive assessment of an insurer's risk profile, capital adequacy, and financial stability. It evaluates the ...

7 days ago · To strengthen compliance with this control standard, organizations can implement various internal controls, such as: ... Risk Assessment: Conduct ...

7 days ago · Risk Reporting: Establishing regular risk reporting mechanisms to provide timely and accurate information to decision-makers. Internal Auditing: ...

7 days ago · Implement Risk Assessment: Conduct risk assessments to identify potential legal and operational risks associated with cross-border asset ...

7 days ago · Conduct regular CMG meetings to assess risks, review crisis management plans, and coordinate preparedness efforts. Implement scenario planning ...