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SOLVENCY II

Managing modern regulations

The European Union Solvency II Directive is broad in intent and deep in implication. Insurers worldwide have pursued meaningful change to their operations to meet this modern regulatory standard. The reverberations are only beginning to be felt.

Beyond regulation

Change and progress

Solvency II affects every aspect of the modern insurance business: pricing, underwriting, assessment, risk management, asset management, internal and external reporting, and more.

What’s more, it demands more advanced modelling and analytics approaches that require transformation of the actuarial function. Several years in, significant changes are still being made. Success depends on the agility of your response to new requirements and new realities.

briefing note

Defining the scope of outsourcing

How exactly should “outsourcing” be defined?
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financial modelling & industrialisation

Integrate: Welcome to a revolution in actuarial performance

Integrate represents a genuine paradigm shift in actuarial software, technology, and solutions.
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Article

The alternative design of the Volatility Adjustment: Is EIOPA successful in removing the overshooting effect?

This briefing note summarises the new design of the Volatility Adjustment (VA) and presents an impact analysis on the effectiveness of the VA under this approach.

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Article

The alternative extrapolation method for Solvency II curves: Will Alpha accelerate the deflation of the UFR-benefit?

This briefing note summarizes the alternative method to extrapolate long-term interest rates and presents the impact on hedging strategies and an analysis of the main dynamics in comparison to the use of the Smith-Wilson methods and an approach without an Ultimate Forward Rate.

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Article

Proxy model validation

This paper provides a brief introduction to proxy modelling and contributes to the current debate around validation via a discussion of a number of the tests that might be contemplated and an illustration of a potential “validation dashboard.”

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White Paper

A quantum leap in benchmarking P&C unpaid claim distributions

Discover the impact of next-generation dynamic benchmarking tools for more reliable loss distributions.

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Solvency II compliance

Milliman STAR Solutions

Comply with Solvency II regulations using a suite of specialised analytics, modelling, and reporting tools.

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Solvency II compliance

Solvency II Compliance Assessment Tool

Monitor and assess compliance with Solvency II while creating an audit trail of completed work and a development plan for future actions.

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Integrate

Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.

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