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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.

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.

Featured Products

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

Reserving and IBNP reserve estimation
Reserving

Arius

Analyse unpaid claims liabilities with industry-leading stochastic and deterministic reserving tools and methods.

Solvency II reporting and compliance
Solvency II reporting & compliance

VEGA

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

Financial modeling and industrialization
Financial modelling & industrialisation

Integrate

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

Article

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.

Practice leaders

Meet some of the experts leading Milliman South Africa

David Kirk headshot

David Kirk

Managing Director, Milliman Africa

David Kirk is the managing director for Milliman in Africa. He specialises in risk and capital management, regulatory change and insurance strategy.

Susan Melmed headshot

Susan Melmed

Consultant

Susan Melmed is a consultant focusing on life insurance, asset-liability management, market and operational risk management, and financial reporting.

Careers at Milliman

Curiosity. Optimism. Impact.

Your vision can help change the world.

We’re here to help

Ask the tough questions. We’re ready for them.

We’re here to help

Ask the tough questions. We’re ready for them.

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