Actuarial support for general insurers

Getting reserves right remains fundamental to financial strength, but emerging claims trends, inflationary pressures, new business lines and regulatory change are making this increasingly complex. We provide independent, proportional actuarial support across GAAP, IFRS and Solvency II bases, delivering clear insight for boards, audit committees and regulators. 

We act as outsourced or independent Actuarial Function holders, support reserve analysis and formal opinions, and undertake regulatory reviews including Lloyd’s SAO, Part VII transfers, Section 166s and other assurance work.

Alongside this, we help insurers design, build and review reserving process, governance and MI, improving efficiency and strengthening the link between reserving, underwriting and strategic decision-making.

Capital is under constant scrutiny, and insurers need a clear, credible story that links risk, capital and strategy, both economically and from a statutory perspective. We support the full capital lifecycle, from building and validating capital models through to internal model approval, embedding and effective use. 

Whether you use a standard formula, partial or full internal model, we help design, build, validate and refine capital models and their governance so they remain fit for purpose and proportionate to your scale. This includes both statutory capital and economic capital frameworks, ensuring management has a consistent view of risk-adjusted value alongside regulatory requirements. Our work is underpinned by proven insurance technology, such as validateR.

We help insurers allocate and optimise capital, design robust capital management and reinsurance strategies, and meet regulatory and rating agency expectations. We also advise on risk management frameworks, ORSA, operational resilience and regulatory engagement.

By combining this with investment and ALM expertise, including strategic asset allocation, market risk management and investment governance, we help insurers make better balance sheet decisions and capital deployment decisions, balancing economic returns, risk appetite and statutory constraints with confidence.

Long term sustainable success depends on solid underwriting, pricing risk effectively and managing exposures within sensible limits across the cycle. We support insurers across their underwriting strategy and governance, (re)insurance pricing, exposure management and portfolio optimisation, bringing advanced actuarial and analytical techniques to real commercial challenges. 

This includes support with developing, updating or validation pricing models, implementing pricing transformations, catastrophe modelling across natural catastrophe, liability and cyber exposures, machine learning and advanced analytics. 

We also work with insurers on strategic questions such as organic growth, expanding in new lines of business or countries, portfolio reshaping and mergers and acquisitions, helping translate market insights and data into informed, value-creating decisions.