The requirements are set out in the Central Bank of Ireland’s Domestic Actuarial Regime, which...
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
- Head of actuarial function
- Reviewing actuary
- Independent actuary/expert
- IFRS 17
- Solvency II
- Insurance distribution directive
- Gap analysis in relation to new regulations.
- 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.
Olive Gaughan, Director of Life Actuarial Services in Mazars recently hosted a panel discussion on ‘The Cross-Border Life Insurance Industry – Past, Present & Possible Futures’ at the Society of Actuaries Annual Convention in Dublin on the 24th May. You can listen to the discussion here.
GDPR came into force on 25th May 2018. Mazars has supported many organisations attain GDPR...
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Insurance companies face increasing regulation, competition and risk. Our actuarial team offers practical advice and solutions to address these challenges.
Mergers & Acquisitions
Whether you are the vendor or purchaser, the key to a successful merger or acquisition transaction is allowing an experienced advisor to manage the process.