The responsible actuary is appointed by insurance companies, captives and foreign insurance branches to assist them in managing their risks, mainly insurance risk. This task is imposed by law, which entrusts the responsible actuary with :
- Calculating technical provisions, insurance risks and liabilities at near-market value
- Ensuring that the debit of tied assets complies with the requirements of supervisory law
As a minimum, the responsible actuary draws up an annual report, which goes beyond legal and regulatory requirements to serve as a genuine risk management tool for the insurance company. We recommend to draw up a synthetic report on technical provisions and tied assets, to ensure complete transparency and traceability. Our experience in the non-life sector also enables us to offer you outsourcing of the following services:
- SST modeling and reporting
- ORSA modeling and reporting
- Public disclosure
- Pricing
- Reinsurance analysis and call for tender
- Business plan adjustments
- Application for initial or supplementary licences
Our SAA actuaries are at your disposal to help you meet your challenges.