Advantages

• The only actuarial service provider on the ground in Gibraltar – Saving time and money

• In-house actuarial support that knows your business – Reducing the learning curve

• Accessible and consistent resource – More cost effective than engaging London based consultants

• Qualified and part-qualified actuaries with extensive general insurance experience – Improving the quality of outputs

• Offices in multiple domiciles – Providing cross-jurisdiction support

How we help clients

With Business As Usual

• Actuarial Function tasks, including drafting the annual report.

• Solvency calculations for regulatory reporting (QRTs).

• Solvency calculations for business/capital planning and ORSA.

• Draft your ORSA report.

• Draft your SFCR.

• Input into your risk management function and ORSA.

• Regulatory liaison.

• External reserve reviews.

With Business Improvement

• Reserving analysis and reserve recommendations, reporting, advice and stakeholder presentation. 

• Liaison with and challenging external consultants/service providers.

• Monitor claims performance and provide actuarial input into pricing.

• Validation and optimisation of your solvency calculations.

• Review and make recommendations on your solvency calculation governance and data governance procedures.

With Business Excellence

• Perform ad hoc capital modelling to support risk management and business and capital planning.

• Quality assurance of external actuarial service providers’ methodology, assumptions and outputs.

• Derive the cost of capital for new and existing schemes to advise underwriting strategy.

• Provide advice on and produce Undertaking Specific Parameters for the standard model, and support you through the regulatory approval process.

• Risk transfer analysis to optimise reinsurance programmes.

• Quality assurance of your Solvency and Financial Condition Report and specified QRTs.