This session aims at giving an overview of the initiatives taken by EIOPA on Sustainability. We will then focus on ORSA explaining best practices on materiality assessment and scenarios. A summary of existing stress tests will be presented. We end up with a survey on climate ORSA.

Participants are expected to have some basic knowledge on Solvency II and Sustainability.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.

The purpose is to give the most up to date evolutions from EIOPA on Sustainability. We also aim at explaining supervisors’ expectations on climate ORSA. We will then illustrate some process to perform materiality assessment before subjecting material exposures to at least one physical and one transition scenario. This will allow participants to understand how risk management should be enriched for sustainability purposes and how ORSA will be a key tool for the different stakeholders.

The language of the web session will be English.

Daphné de Leval
Daphné has about 20 years of professional experience. She is mainly specialized in life insurance actuarial techniques, pension funds and risk management. She has worked on diverse functions: Solvency II implementation, risk management, financial and prudential audit, IFRS 17 implementation, Sustainability Projects and M&A. She is an active Actuary at European level within the Actuarial Association of Europe (AAE) (Vice-Chair Insurance Committee, Solvency II, and Sustainability).