Actuarial Modeling

We support our clients (life as well as general insurers) in the following areas:

Actuarial methods

• valuation of insurance liabilities and economic balance sheet
• standard models vs. company-individual valuation methods
• solvency capital and economic capital
• risk allocation and limit system
• profit test and embedded value

Implementation of actuarial models

• cash-flow projection models
• risk models
• nested stochastics
• DFA
• financial mathematics
• statistical data analysis and data mining

Results of actuarial models

• asset liability studies
• Solvency II
• pillar 1: balance sheet, SCR, own funds
• pillar 2: ORSA, actuarial function report
• pillar 3: QRT, narrative reporting
• data mining analyses for the extraction of information from data

Integration in business processes

• Market Consistent Embedded Value (MCEV) and New Business Value (NBV)
• risk management, governance, reporting
• use test, risk- and value-based management and Enterprise Risk Management (ERM)
• product strategy and strategic asset allocation under Solvency II