ORSA (Own Risk and Solvency Assessment — acronym)

Reviewed by Matthew Bartlett, Director Â· Last reviewed 2026-06-22

~1 min read

Reviewed by Matthew Bartlett, Director Â· Last reviewed 2026-06-22

Category: Capital management · Reviewed by Mark Fox, Broker · Renewals · Last reviewed

ORSA (acronym)

ORSA is the standard acronym for the Own Risk and Solvency Assessment — the insurer’s own forward-looking risk and capital assessment required by Article 45 of the Solvency II Directive.

Related acronyms

SCR — Solvency Capital Requirement.
MCR — Minimum Capital Requirement.
SFCR — Solvency and Financial Condition Report (public annual disclosure).
RSR — Regular Supervisory Report (private annual disclosure).
QRT — Quantitative Reporting Templates (quarterly).
CGB — Conditions Governing Business chapter of the PRA Insurance Rulebook.

References

Solvency II Directive 2009/138/EC.

Cross-references

Own Risk and Solvency Assessment

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