Welcome to Milliman South Africa

We provide coverage across sub-Saharan Africa, focussing on life, non-life and microinsurance. Our team helps insurers deal practically with financial reporting, regulatory change, M&A, market entry and head of actuarial and risk functions.

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Navigating choices

IFRS 17

The new IFRS standard for insurance contracts promises to have a transformative effect on insurers’ financial reporting. Milliman has unparalleled experience with Solvency II and other regulatory regimes, coupled with groundbreaking systems implementation and industrialisation capabilities.

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We’re driving the future with our analytics and modelling technologies

Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

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Financial modelling & industrialisation

Integrate

Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.

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Insight

Insight from Milliman

Report

Life insurance capital regimes and disclosures in Africa

We examine the prudential regulatory requirements for life insurers operating across Africa.

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Benchmarking survey

South African insurance industry climate progress

Key observations from the inaugural Milliman Benchmarking Climate Survey in South Africa

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Article

Do South African government bonds have only negligible credit risk?

To gauge the risk of South African government bonds, we examine the risks of country default, credit migration, and spreads

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Article

South Africa: Insurance Industry Update

We look into building climate resilience in South Africa’s non-life insurance industry, highlight the regulatory approval required prior to raising intra-group loans as well as touch on parametric insurance.

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Practice leaders