INSURANCE SOLUTIONS
Research & development
IFRS 17 requires preparers of accounts to derive discount rates for the valuation of the cash flows associated with their insurance contracts.
The analysis of cohort effects has long fascinated the actuarial community.
This white paper proposes two alternative and complementary views to the EIOPA’s final technical set of advice on the mortality and longevity shock calibration: a prospective approach in the spirit of one-year calculations and a retrospective analysis based on historical data from corrected mortality tables.
National mortality tables are crucial inputs to the quantification of mortality and longevity risks. Recent work by Milliman offers methodological improvements for their construction.
Individual claim models (ICMs) are an emerging area of research and practice for estimating loss reserves. Learn how evolution in data collection, storage, and analysis have made ICMs more accessible.