ORSA的理论研究与实践要求

A Preliminary Investigation on Theory and Practical Requirements of ORSA

当前国际保险监管中,欧盟偿付能力II被认为是保险业的全面风险管理的重要组成部分。欧盟偿付能力II的第二支柱计划采用定性要求和一个全球性适当的风险管理体系,来补充定量的资本要求。ORSA作为第二支柱的核心内容,对其进行理论研究与实践要求探索具有重要意义。本文在系统梳理ORSA的概念、内涵以及欧盟和美国ORSA的发展进程的基础上,给出了实施ORSA的目标、要求以及ORSA报告初步模块,并对实践中可能存在的问题进行了深入探讨,这些研究对我国保险业监管制度建设,具有重要的实际意义和决策参考价值。

In the current international insurance regulations, European Solvency Ⅱ is considered to be an important part of enterprise risk management for insurance industry. The second pillar of European Solvency Ⅱ proposes to adopt qualitative requirements and a globally appropriate risk management system, in order to supplement quantitative capital requirements. It has an important significance to investigate the theory and practical requirements of ORSA, which is the core of the second pillar. This paper summarized the concept and connotation, as well as the development process of ORSA in European Union and United States, upon which the objectives and requirements of implementing ORSA and preliminary modules of an ORSA report were provided. Moreover, the possible existing problems in practice were also investigated and discussed in depth. These studies may have an important practical significance and decision-making reference value for the establishment of the insurance regulatory system in China.