Risk management
The core business of the insurance industry is accepting risks. The word “risk” may thereby have a negative connotation, which should not be the case if properly controlled and managed. It is only by taking risks that the shareholders are remunerated. We help our clients understand and manage the risks they are facing.
Long track record in reinsurance consulting
Reinsurance is a risk mitigation tool that can be used for decreasing the volatility and thus stabilizing the P&L and/or for reducing the solvency capital requirement (SCR). In addition, reinsurance programmes can also be set up from a strategic point of view, e.g. to finance the expansion of an insurance portfolio or to enter new markets.
Our team has a long track record in the field of reinsurance consulting and has excellent contacts with reinsurers worldwide.
We offer the following services
- Development of the optimal reinsurance strategy
- Call for reinsurance quotations on behalf of the client
- Assistance regarding the administration of reinsurance treaties
ALM software helps to understand the link between assets and liabilities
The valuation of assets and liabilities is a topic with an ever-increasing importance. As there is no active market for most liabilities and some assets, alternative valuation methods should be used (e.g. discounted cash flows, replicating portfolio, stochastic valuation, …). The valuation of these assets and liabilities depends heavily on the models and assumptions used.
Our internally developed ALM software Ev-AL-U helps insurers and pension funds to better understand the link between their assets and liabilities. Ev-AL-U performs risk-neutral (valuation) and real-world (risk analysis) calculations
Applications are:
- Optimization of the strategic asset allocation
- Projection of future P&Ls and balance sheets (e.g. ORSA)
- Calculation of the economic balance sheet under Solvency II
- Prospective profit sharing
- Specific questions concerning investment policy
- Calculation of MCEV and/or IFRS4 phase II
Our expertise in the valuation of portfolios and (re)insurance companies is used frequently for Mergers and Acquisitions.
What can we do for you?
Gain the clarity and actuarial insight you need to navigate risk, capital and regulatory requirements.
