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

White paper

Building effective ALM frameworks: A practical guide for emerging annuity providers

We explore the range of ALM strategies for annuities at different levels of maturity and sophistication, from basic approaches to advanced techniques.

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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

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