Insurance risk Services can help insurers (life, non-life and reinsurance) to manage and mitigate insurance risks. It provides a systematic review of portfolios and identifies opportunities for improving insurance risk monitoring and management along with underwriting and pricing policies and practices. We assist clients in understanding and addressing challenges caused by competition, technology, mergers and acquisitions, globalization, increased regulatory scrutiny, and the ongoing struggle to provide greater value to all shareholders.

Features

• Evaluate, or design and implement, Economic Capital Models and Enterprise Risk Management frameworks
• Conduct Model Risk and Control analyses
• Assess and implement Actuarial and Finance Transformation of processes
• Assess Reserving Risk for claims liability valuation
• Assess Underwriting Risk for pricing and product development analyses
• Assist in all facets of Financial Reporting (statutory, tax basis, IFRS, US GAAP)
• Provide assistance with Corporate Governance and Process Improvement

Benefits

• Full range of services for identification, measurement and management of risks - offered to the full spectrum of life, general and health insurers and reinsurers as well as corporate and governmental entities who choose to retain some or all of their insurable interests.
  
• Analysis of alternative strategies to assist companies in making more efficient business decisions.
  
• Incisive technical skills, coupled with the ability to distill complex issues into practical, non-technical terms