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Insurance Finance and Risk Kit

Insurer CFO and CRO set: risk appetite, ORSA, stress testing, IFRS 17 memo, SFCR and ACORD-based solution design.

8 templates in 5 steps, in the order you use them. Open any template in the editor, fill it in and export it to PDF, DOCX or HTML.

Step 1

Review and governance

  1. Risk Appetite Statement Template (Bank RAF, FSB, EBA)

    Full

    Bank RAS: risk capacity, qualitative statements, Level 1 metrics with appetite, tolerance and limit, cascade, monitoring, breach escalation, use test

    FSB RAF Principles 2013; EBA/GL/2021/05; 12 CFR 30 App. D

  2. Model Risk Management Policy Template (SR 26-2, PRA SS1/23)

    Full

    Model definition, roles, inventory fields, tiering matrix, development, risk-based validation, monitoring, overlays, vendor models, GenAI scope, issues, reporting

    SR 26-2 / OCC 2026-13 / FDIC FIL-15-2026 (2026); PRA SS1/23; ECB guide to internal models (2025)
Step 2

Assessments

  1. ORSA Report Template (Solvency II Article 45, Solvency UK, NAIC)

    Full

    Board conclusions, business plan, risk profile, overall solvency needs, SCR projection, standard formula fit, stresses, climate scenarios, liquidity

    Solvency II Art. 45 as amended by Directive (EU) 2025/2; EIOPA-BoS-14/259; PRA SS19/16; NAIC #505

  2. Bank Stress Testing Programme Template (EBA/GL/2018/04)

    Full

    Bank stress testing programme: governance, test inventory, scenario design, macro variables, methods by risk, results, actions, reverse stress test, use

    EBA/GL/2018/04; CRD Arts 73, 86, 100; EBA/GL/2026/06; BCBS Stress testing principles 2018 (name only)

  3. Key Risk Indicator (KRI) Framework Template

    Full

    KRI framework: selection criteria, KRI record fields, catalogue, RAG thresholds and calibration, link to RAS, data lineage, reporting, escalation, review

    BCBS PSMOR 2021; FSB RAF Principles 2013; DORA (EU) 2022/2554
Step 3

Accounting

  1. IFRS 17 Insurance Contracts Memo Template (CSM, PAA, VFA, LDTI)

    Full

    Scope and boundary, aggregation, GMM/PAA/VFA choice, cash flows, risk adjustment, CSM roll-forward, onerous groups, transition, LDTI comparison

    IFRS 17 (paragraph numbers only); FASB ASC 944 (ASU 2018-12 LDTI)
Step 4

Disclosure and advisories

  1. Solvency and Financial Condition Report Template (Solvency II SFCR)

    Full

    Two-part SFCR: policyholder summary, business, governance, risk profile, valuation, own funds, SCR and MCR, sustainability, public QRTs, controls

    Solvency II Arts 51-56 as amended by Directive (EU) 2025/2; Delegated Reg (EU) 2015/35 Arts 290-303 as amended
Step 5

Reference designs

  1. Insurance Solution Design Template (ACORD Reference Architecture)

    Full

    Insurance core on ACORD: facet mapping, capabilities, policy/billing/claims, rating, ACORD messages, data trace, reinsurance, regulatory data, migration

    ACORD Reference Architecture (Data Model 2.14, Capability Model 2.6); ACORD NGDS v1-13-0