Capital and Risk management has always been a key activity for both Life/Health and Property & Casualty (i.e. non-life) Insurance companies and Groups. The new risk based regulations under Solvency II lead to new and more formal challenges in this area: This includes a much more formal risk management approach and the need for conducting an “Own Risk & Solvency Assessment”. In the last weeks and months the requirements for the ORSA have become much more transparent and it is the right time now for enhancing existing and setting up new processes and documentation around this.