- Amendments to IFRS 17 from March 2019 IASB Meeting
By Rik van Beers, Andrew Gilchrist, Laura Hobern, Andrew Kay, Thomas Bulpitt | 25 March 2019
Milliman consultants have produced a summary of the March IASB meeting and the tentative amendments approved by the Board.
- Milliman Combination Product Experience Study
By Carl A. Friedrich, Allen J. Schmitz | 21 March 2019
Milliman announces the results of the first-of-its-kind, industry-wide study that examines insurers’ experience with combination products-- those that couple life or annuity policies with Long-Term Care or Chronic Illness riders.
- Analysis of Dutch insurers’ Solvency and Financial Condition Reports: Year-end 2017
By Peter Franken, Kamiel van Langen, Wouter van Goudoever, Rens IJsendijk | 21 March 2019
This report provides a summary of the key solvency information of the main life and non-life insurance entities in the Netherlands based on Solvency and Financial Condition Reports as per year-end 2017.
- Milliman Data Science Survey
By Eamonn Phelan, Karl Murray, Gillian Tucker, Eamon Comerford | 20 March 2019
Life and health insurers and reinsurers are taking a growing interest in data science.
- Shining new light on European insurance M&A
By Jeremy Kent, Edward Morgan | 13 March 2019
One of the consequences of Solvency II has been the requirement for all EU insurers to publish standardised annual information in the form of the Solvency and Financial Condition Report (SFCR).
- Hong Kong RBC – Second Quantitative Impact Study results and observations
By Michael Daly, Clement Bonnet, Sing Yee Yeoh, Scott Chow, Clifford Wu | 07 March 2019
This e-Alert sets out highlights from the Second Quantitative Impact Study long-term business results, provides commentary on key components affecting solvency ratios and discusses next steps insurance companies could take before the next quantitative impact study.
- The 2020 Solvency II Review and update on earlier amendments
By Karl Murray, Eoin King | 06 March 2019
This briefing note sets out the areas covered by the European Commission’s latest request for the 2020 review of the whole Solvency II framework.
- Solvency II under review: Extrapolation of the risk-free rate curve
By Karl Murray, Eamonn Phelan, Bridget MacDonnell | 21 February 2019
In the opening edition, we firstly revisit the rules in specifying the risk-free rate term structure, which forms a fundamental part of the calculation of Technical Provisions (TPs).
- Solvency II under review: Revisiting the Volatility Adjustment - A sometimes overlooked risk mitigant
By Karl Murray, Eamonn Phelan | 21 February 2019
In the second edition, we will look at another fundamental part of the specification of risk-free rates used in liability valuation, the Volatility Adjustment (VA).
- Amendments to IFRS 17 from February 2019 IASB Meeting
By Laura Hobern, Magnus Wilson | 19 February 2019
As the industry has moved towards implementing IFRS 17, a number of issues have been raised, and at the February 2019 meeting, the IASB discussed four of these issues and tentatively approved a number of amendments to the standard.