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7 days ago · The IAIS (International Association of ... management arrangements, lines of responsibility, systems of risk management and internal controls.
Internal Controls: Actuarial analysis ... Risk assessment: The risk management function should conduct a risk assessment ... IAIS - Insurance Core Principles and ...
6 days ago · This control standard requires supervisors to establish clear and consistent modelling criteria for insurers. These criteria should specify the ...
6 days ago · This control standard requires that the insurer provides the supervisor with access to the material results of stress testing, scenario analysis ...
6 days ago · Risk assessment methodologies specifically designed for different customer segments and product types; Supervisory tools and techniques tailored ...
6 days ago · The ORSA process involves a comprehensive assessment of an insurer's risk profile, capital adequacy, and financial stability. It evaluates the ...
6 days ago · Objective: To mitigate risks associated with cross-border asset transfers by establishing appropriate legal and operational controls.
6 days ago · Implementing risk management strategies to mitigate capital risks and enhance solvency. Governance and Oversight: The board of directors and ...
5 days ago · To manage potential external limitations that may hinder geographical diversification and cross-border risk transfer. Control Description: This ...
6 days ago · Objective: To ensure that the company's anti-money laundering (AML) and combating the financing of terrorism (CFT) procedures and controls meet ...