city-dragon

Lloyd’s and London Market

We offer an extensive range of actuarial services for Lloyd’s Managing Agents and their syndicates.

Our reserving experience covers most specialty lines of business and we advise on mean best estimates, reserve distributions and give you an understanding of key sensitivities.

We can also:

  • provide Statements of Actuarial Opinion (SAO) for Lloyd’s syndicates
  • Manage the annual business planning exercise.
  • Provide a detailed pricing model review to ensure that the technical aspects are up-to-date and are being used appropriately.
  • Assist with M&A

Solvency II services: we can assist in the production of technical provisions, actuarial function reports, the design of an internal model and offer a detailed validation review, with experience of focussed deep-dive and high-level reviews, internal audit support and interim assistance.

divider

Global Insurers and Reinsurers

We offer an extensive range of actuarial services for multi-national insurers and reinsurers.

Our reserving experience covers many niche and larger lines of business, in several jurisdictions including the UK, US, Bermuda, Singapore and Switzerland. We advise on mean best estimates, reserve distributions and an understanding of key sensitivities.

We can also:

  • Manage the annual business planning exercise.
  • Provide a detailed pricing model review to ensure that the technical aspects are up-to-date and are being used appropriately.
  • Assist with M&A
  • Model latent claims liabilities

Solvency II services: we can assist in the production of technical provisions, actuarial function reports, the design of an internal model and offer a detailed validation review, with experience of focussed deep-dive and high-level reviews, internal audit support and interim assistance.

divider

Domestic insurers

We advise domestic insurers on all aspects of actuarial matters, including management and statutory reserving (including tax and other statutory opinions), actuarial best estimates and reserve distributions.

We can also:

  • Manage the annual business planning exercise
  • Provide a detailed pricing model review to ensure that the technical aspects are up-to-date and are being used appropriately
  • Assist with M&A, Part 7 transfers and other reorganisations
  • Model latent claims liabilities

Solvency II services: we can assist in the production of technical provisions, actuarial function reports, the design of an internal model and offer a detailed validation review, with experience of focussed deep-dive and high-level reviews, internal audit support and interim assistance.

We provide a detailed pricing model review to ensure that the technical aspects are up-to-date and are being used appropriately.

divider

Run-offs

We advise run-off companies on all aspects of actuarial matters. Our reserving philosophy means that we try to understand the key drivers of reserve run-off, taking a highly granular approach where appropriate. This helps our clients feel that the reserving exercise has enhanced their understanding of the risks and issues in the portfolio.

We can provide management and statutory reserving, actuarial best estimates and reserve distributions. We have extensive experience of negotiating commutations either on inwards or outwards portfolios.

We can also:

  • Assist with M&A, Part 7 transfers and other reorganisations
  • Model latent claims liabilities

Solvency II services: we can assist in the production of technical provisions, actuarial function reports, the design of an internal model and offer a detailed validation review, with experience of focussed deep-dive and high-level reviews, internal audit support and interim assistance.

divider

New entrants

Our full range of actuarial services is available to start-ups. Our wealth of insight means that we can help firms take advantage of their clean slate and build competitive advantage over established peers through superior risk and actuarial modelling approaches and better integration of these functions with front-line underwriting and claims teams. We can help from designing the optimal actuarial function to building technically cutting-edge pricing models through to designing and building an integrated internal economic capital model.

We have experience in building strong working relationships with:

  • Underwriters: to ensure our pricing models are based in the real world.
  • Claims: to ensure that our reserving models reflect emerging portfolio issues.
  • Reinsurance teams: to ensure that our risk and capital models align with commercial reality.

Our experience means that we can provide you with an interim or side-car actuarial team. We work with you to ensure that the quantitative aspects of risk management liberate management to make informed decisions.

Print Friendly, PDF & Email

Sectors