Solvency II: Orsa disclosure 'could boost insurers' ratings'
Greater transparency could be beneficial, but care must be taken over what is disclosed, speakers say
Disclosing elements of an insurer's Own Risk and Solvency Assessment (Orsa) could benefit the company and boost stock market valuations, according to speakers at Insurance Risk's Solvency II & Insurance Risk conference.
Being more open about the risks a company faces and how they are being managed could boost a company's rating and attract policyholders, said Tristan Garnons-Williams, policy adviser on Solvency II at the Association of British Insurers (ABI).
"You can then see how a ‘virtuous
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