Banks should prepare for a new business ecosystem driven by the financial technology (FinTech) revolution. Learn how the industry can adapt to disruptions.
Learn how global regulations such as Solvency II, demographic trends, and technology will impact insurers in 2014 and how they can best prepare for the changes.
Insurers need a modelling capability that meets two key requirements. The first is the ability to determine appropriate multi-year scenarios (deterministic stress tests or stochastic) in which to project the insurer's business. The second is the ability to accurately assess the capital requirements that would be created within these scenarios. In this report we provide you with an overview of the fundamental challenges of ORSA and practical guidance on the approach you might take.