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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.

Product, Performance and EV in an IFRS 17 World

Friday 27 October, 8:30 a.m. South Africa Standard Time

Thoughts for South Africa, with insights from Asia and Europe


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


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

Solvency II reporting and compliance
Solvency II reporting & compliance


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


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


South Africa: Insurance Industry Update

In South Africa, there hasn’t been much positive news recently for the insurance industry. New business margins and volumes remain under pressure, load shedding remains pervasive, and business confidence and activity are low. Yet some positive news hints at signs of the bottom.

Practice leaders

Meet some of the experts leading Milliman South Africa

Kirk David

David Kirk

Consulting Actuary

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

Susan Melmed

Consulting Actuary

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

We’re here to help

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

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