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Aah, the ORSA – this is (surely) a world of pure actuarial joy. Imagine all that risk analyses in a real-world context. And there is more: this is where the
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Traditionally, rating factors such as age, sex and smoking status have been used by life insurers to manage risk and set premiums. The drive towards more personalised risk assessment, combined
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In a nutshell IFRS 17 requires entities to identify portfolios of insurance contracts comprising contracts subject to similar risks and managed together. Each portfolio of insurance contracts issued shall be divided
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In a nutshell Our client, an Australian life insurer, needed help to complete their month-end processes under tight deadlines. ILS assisted by adding valuable capacity to their eight-hour workday by
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In a nutshell Our Life team (Insight Life Solutions) worked with a growing life insurer in South Africa that offers a standard suite of long-term insurance products. We successfully migrated
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Have you implemented your IFRS 17 solution, but question whether all the components are calculated correctly? Would you like to feel comfortable that your models work as expected and align
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Meet our experts
Authors
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View all postsChristelle Oosthuizen is a consulting actuary at Insight Life Solutions. She has 5 years of experience working both in industry and in consulting. She has experience across a range of areas including valuations, risk management and modelling, being exposed to a wide variety of projects.
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View all postsLouis van As is a life insurance actuary and an ASSA-approved life insurance valuator. With over 30 years of industry experience, Louis has worked across a range of insurance markets and product classes. Currently, he is the signing actuary for a South African insurer and for an insurer domiciled in the Seychelles. Having also served as the signing actuary for insurers in Malawi, Zambia, Namibia, Mozambique and Zimbabwe, Louis has a keen interest in solvency assessment and related risk management matters.
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View all postsAt Insight, we are tenacious problem solvers driven by curiosity and a compulsion with the power of data.