Insurance

Insurance companies face increasing regulation, competition and risk. Our actuarial team offers practical advice and solutions to address these challenges.

Mazars actuarial consultants have in-depth knowledge and experience of the challenges and opportunities in the Irish insurance market. We provide companies of all sizes with practical solutions that comply with regulatory requirements and achieve real business benefits.

Our local experts are part of a wider Mazars actuarial team of experienced industry professionals who specialise in life insurance, health insurance, general insurance, asset and liability modelling, valuation of complex assets, pensions, risk and capital management.

Our actuarial services range from advice on emerging issues to in-depth calculations of technical provisions. We have particular expertise in claims trends, reserving, pricing, regulation, data and risk — all of which are providing more challenges for companies than ever before.

Our services include

Regulatory Reporting & Audit Support

  • Technical Provisions
  • QRTs, RSR & SFCR

Outsourced Roles

Emerging Issues

  • IFRS 9
  • IFRS 17
  • Solvency II
  • Insurance Distribution directive
  • GDPR
  • Gap Analysis in relation to new regulations.

Claims Assessment

  • Claims Reserving
  • Premium Rating
  • Data analytics

Peer Review Services

  • Actuarial Function Reports & Opinions
  • ORSA projections and reports
  • Actuarial Models, Methods & Assumptions
  • Data & Model Validation

Risk & Capital Management

  • Standard Formula SCR Calculations
  • Assessment of Capital Optimisation initiatives

Regulatory Change Projects

  • Gap Analysis
  • Impact Assessment
  • Implementation projects
  • Training to Board level

Business Development & Strategy

  • Assessment of strategic initiatives
  • Branch Applications
  • Portfolio Transfers
  • Support with Mergers & Acquisitions

For further information and to discuss your specific requirements, please contact a member of our team.

Related

Audit Technical Videos

Actuarial

Mazars actuarial consultants have in-depth knowledge and experience of the challenges and...

Insurance News

reinsurance benchmark 1600x500.jpg

Reinsurance benchmark 2019 (Part 1)

As the role of reinsurance is continuously expanding, Mazars has analysed the latest financial disclosures of the top 10 reinsurers worldwide providing a comparative view for a better understanding of their risk profile and strategy.

Download pdf 1.16 MB

Mazars Insurance Update

Insurance Update

Welcome to our June 2019 insurance update. The purpose of this newsletter is to assist preparers of insurance and reinsurance financial statements and other reports to be aware of accounting, regulatory and other requirements which may have an impact on their reporting.

Want to know more?

Reviewing Actuary

Fund Management
The requirements are set out in the Central Bank of Ireland’s Domestic Actuarial Regime, which became effective on 1st January 2016.

Read more