Welcome to Milliman South Africa
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.
We’re driving the future with our analytics and modelling technologies
Arius
Analyse unpaid claims liabilities with industry-leading stochastic and deterministic reserving tools and methods.
VEGA
Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.
Integrate
Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.
South Africa: Insurance Industry Update
In this issue of our insurance update for South Africa, we delve into the recent wave of releases from the Prudential Authority and the Financial Sector Conduct Authority, with a focus on emerging risks, including outsourcing risk, cyber risk, and climate risk.
Insight from Milliman
Meet some of the experts leading Milliman South Africa
David Kirk
David Kirk is the managing director for Milliman in Africa. He specialises in risk and capital management, regulatory change and insurance strategy.
Susan Melmed
Susan Melmed is a consultant focusing on life insurance, asset-liability management, market and operational risk management, and financial reporting.
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