Kindlustusgruppi kuuluva Eesti kindlustusandja riskijuhtimissüsteem ja sisekontrolli süsteem peavad olema tõhusad ja kontrollitavad ka kindlustusgrupi tasandil.
Riskijuhtimissüsteem on juhtimissüsteemi osa ning see hõlmab strateegiaid, protsesse ja ettevõttesisest aruandlust, mis on vajalikud kõigi oluliste riskide tuvastamiseks, mõõtmiseks, pidevaks jälgimiseks, juhtimiseks ja aruandluse korraldamiseks.
The risk-management system shall cover at least the following areas:
(a) underwriting and reserving;
(b) asset–liability management; (c) investment, in particular derivatives and similar commitments; (d) liquidity and concentration risk management; (e) operational risk management; (f) reinsurance and other risk-mitigation techniques.
As part of its risk-management system every insurance undertaking and reinsurance undertaking shall conduct its own risk and solvency assessment.
Insurance and reinsurance undertakings calculating the Solvency Capital Requirement on the basis of an internal model should use the internal model in their risk-management system and in their decision-making processes in a way that creates incentives to improve the quality of the internal model itself.
