On 22 November 2015, the Steering Committee of the EU-U.S. Insurance Project received a report titled 'Key Elements of Regulations and Supervisory Practices in Respect of Group ORSA'. The report was compiled through exchange of information by the EU and the U.S. concerning the requirements and use of own risk and solvency assessment reports. The Report identifies similarities in that regard (e.g. the nature/purpose of the process, and the relationship between it and the risk management framework of the group). An overview of the Steering Committee's 2015 activities was also published.