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Henny Verheugen

AAG
Principal, Consulting Actuary
1101 BE, NL

Henny Verheugen is a principal and consulting actuary in the Amsterdam office of Milliman, specializing in IFRS 17, Solvency II, and M&A's for life insurance.

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Experience

Henny joined Milliman in 2006 and has 38 years of experience in the insurance industry.

Before Milliman, he was a manager of the Group Actuarial and Risk Management department of Delta Lloyd Group (part of Aviva), and worked seven years as a senior manager for Ernst & Young in the Netherlands and Belgium. He started his career with ASR Insurance where he held several roles in actuarial, finance, and M&A.

He is specialized in Solvency II (internal models, validation), IFRS 17, and M&A. He has helped several clients with the development and implementation of internal models for life risks. Furthermore, he validated several internal models as part of the application process. In recent years, he has been involved with several IFRS 17 projects as subject matter expert.

Publications

Read their latest work

Article

Analyse van het kapitaal voor operationeel risico voor zorgverzekeraars

05 March 2025 - by Judith Houtepen, Henny Verheugen
Het bedrag aan kapitaal dat moet worden aangehouden voor operationele risico’s door Nederlandse zorgverzekeraars is hoog vergeleken met bijvoorbeeld schadeverzekeraars. Ook op basis van andere indicatoren wordt duidelijk dat het bedrag erg hoog is.
Article

Economic capital modeling: Practical considerations

05 February 2025 - by Tony Dardis, Jorren Jacobs, Bryan Liu, Henny Verheugen, Kevin Vetsuypens, David Wang
We review for insurers some of the key components and design choices when modeling economic capital.
Article

De toekomst van de levensverzekeringsindustrie

03 February 2025 - by Sjoerd Brethouwer, Lotte van Delft, Cornelis Slagmolen, Henny Verheugen
Is de rol van de levensverzekeraar uitgespeeld in de Nederlandse markt, of toch niet?
Article

Publicatie Volksgezondheid Toekomst Verkenning 2024

11 December 2024 - by Henny Verheugen, Menno van Wijk
De toename van overgewicht in de bevolking is een belangrijke ontwikkeling. Wat betekent het voor de levensverwachting?
Article

IFRS 17 benchmarking: FY 2023

30 July 2024 - by Demosthenis Demosthenous, Markus Hersche, Dilesh Patel, Jean-Baptiste Sallmann, Francois Uzan, Henny Verheugen
For European insurers, contractual service margin, risk adjustment, and reevaluations significantly influenced performance in 2023.
Article

Industry responses to the 2019 IFRS 17 Exposure Draft

22 October 2019 - by Thomas Bulpitt, Andrew Kay, Henny Verheugen
This note summarises some of the key points and remaining issues raised during the consultation period for the Exposure Draft, particularly those raised by the European Financial Reporting Advisory Group and the European Insurance CFO Forum.
Article

Making the transition to IFRS 17

22 January 2018 - by Henny Verheugen
This article discusses the possible implications of each of the three approaches to transition to IFRS 17 and why insurers will need to choose their options carefully.
Article

IFRS 17: Life Insurance Seminar

19 October 2017 - by William Hines, Andrew Kay, Padraic O'Malley, Henny Verheugen
Our IFRS 17 Seminar provided a detailed view of the requirements, methodology and practical challenges involved in implementing the new insurance contract standard, IFRS 17.
Article

IFRS17 Implementation: A new reporting framework comes with significant challenges

19 December 2016 - by William Hines, Takanori Hoshino, Kurt Lambrechts, Henny Verheugen
This paper discusses critical points of attention regarding IFRS17 and suggests possible first steps towards implementation.
Article

Operational challenges of IFRS4 Phase 2 as of November 2014

20 February 2015 - by Henny Verheugen
The International Accounting Standards Board’s 2013 Exposure Draft focuses on the practical implications of the changes in IFRS4 Phase 2.