Stakeholders in today’s global reinsurance markets demand strong support and advice from their consultants. Milliman’s reinsurance experts offer state-of-the-art stochastic tools that measure the distribution of potential outcomes—not only simple averages—and years of experience working in senior management capacities at global reinsurance companies.
As one of the largest general insurance practices in the world, we serve nearly all the major reinsurance companies. Our offerings include:
- Risk transfer analyses
- Program design
- Transaction analyses
- Bad-debt reviews
- Expert witness and litigation support
- Modelling legacy reserving issues
As leaders in a constantly changing industry, our consultants are actively involved in actuarial and other reinsurance industry committees and policy making as well as instrumental in establishing best practices and participating in drafting publications.
Deep experience, applied globally
With offices throughout the world, Milliman’s expertise encompasses the major global reinsurance markets including the United States, Bermuda, London (including Lloyd’s Syndicates) and Continental Europe. Large multinational reinsurers operating in these important markets seek both our global perspective and local knowledge.
Milliman recently provided both of these benefits to a multinational reinsurer with substantial UK, European and US operations. The client had significant legacy reserving issues including asbestos, construction defect and the 1997-2001 soft market years as well as substantial worldwide catastrophe claims activity.
Our experience and technical know-how—in demand by direct insurers, reinsurers, reinsurance brokers, regulators and other governing bodies—is what distinguishes Milliman.