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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.
Now is the time to get ready for compliance.
In 2018, Milliman conducted a global survey to measure the preparedness of insurers and reinsurers for the new international accounting standard, International Financial Reporting Standard 17.
The analyses underlying this report focus on the quantitative information contained in the Quantitative Reporting Templates with the Solvency and Financial Condition Reports and draw conclusions about the balance sheets and…
This briefing note looks at the Year End 2018 Solvency and Financial Condition Reports (SFCRs) of a sample of life insurers based in Ireland and includes analysis of key information included in the Quantitative Reporting…
The amendments to the Solvency II Delegated Regulations resulting from the 2018 interim review have now been published in the Official Journal of the EU. This briefing note summarisessome of the main changes arising from…
A recent EIOPA paper has discussed licencing requirements and proportionality in an insurtech context. While the paper highlights the potential risks EIOPA sees with insurtech, it also points to the potential benefits of…
This series of research papers charts some of the most material changes that have been made since the implementation of Solvency II as well as looks forward to potential changes that have already been highlighted by the EC…
Luca Inserra is a principal at Milliman, based in
Madrid, where he manages Milliman’s
consulting business in Spain and Portugal. Luca
has over 20 years of experience in the
insurance industry mainly in consulting in a
number of i...
José Silveiro is a principal at Milliman, leading
practice for Spain and Portugal. He
has more than 20 years of experience in
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