Annual Report 2023 (eng) - Flipbook - Side 51
INDUSTRIENS PENSIONSFORSIKRING A/S ÅRSRAPPORT 2023
NOTES
These risks are mitigated with regular monitoring of errors and by establishing suitable controls.
Strategic risks include reputation risks and other risks related to external events and factors.
The most important operational risks are linked to use by Industriens Pension of IT, including in particular the risk of
cyberattacks.
Solvency capital requirement
As an insurance company, Industriens Pension must regularly calculate a solvency capital requirement. The scope of
the capital requirement depends on the current risk profile.
The Board of Directors approves the methods used to calculate the solvency capital requirement. The capital
requirement is calculated in accordance with the standard model, parameters and buffers laid down by the Danish
Financial Supervisory Authority in the Executive Order on Calculation of the Solvency Capital Requirement.
The current solvency capital requirement at the end of 2023 is stated in the table of financial and operating data in
the management's review.
51
