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Objectivity matters. Today, more than ever.

Independent for over 70 years, Milliman delivers market-leading services and solutions to clients worldwide. With no agenda, other than getting it right.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

News

  • 19 February 2019 — Captive Review
    The 2018 Captive Review Power 50
  • 14 September 2018 — Wall Street Journal
    Florence flood threat heightened by underinsured homeowners
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Long-term care consulting

We offer unmatched depth and breadth of knowledge in long-term care.

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  5. Solvency II

Recent stories

  • Providers, are you ready for employer-led accountable care?
  • Variable annuity hedging: Effect on the value of a company
  • Amendments to IFRS 17 from March 2019 IASB Meeting
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Solvency II

Recalculation of the Transitional Measure on Technical Provisions

insightMilliman insight

All insightHealthcareEmployee Benefits and InvestmentInsuranceRisk Management and Financial Services
Life insurance risks: Observations on Solvency II and the modeling of capital needs
Life insurance risks: Observations on Solvency II and the modeling of capital needs
EIOPA Proposal for Guidelines on the preparation for Solvency II
EIOPA Proposal for Guidelines on the preparation for Solvency II
Infrastructure investment for insurance companies under Solvency II
Infrastructure investment for insurance companies under Solvency II

Solvency II

  • Analysis of non-life insurers' Solvency and Financial Condition Reports: European non-life insurers year-end 2017

    By Derek Newton, Marc Smillie, Flavien Thery | 25 March 2019

    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 risk exposures of European non-life insurers.

  • Analysis of non-life insurers' Solvency and Financial Condition Reports: United Kingdom and Gibraltar non-life insurers year-end 2017

    By Derek Newton, Flavien Thery, Marc Smillie | 25 March 2019

    This report summarises the year-end 2017 Solvency and Financial Condition Reports as they relate to non-life insurers regulated in the UK and Gibraltar, and sets out the results of the analyses of the reports.

  • 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.

  • 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).

  • Year-End 2018 Actuarial Function: What's new

    By Aisling Barrett, Eoin King | 15 February 2019

    This briefing note highlights what’s new for actuarial functions in Ireland to consider at year-end 2018.

  • Analysis of life insurers’ second set of Solvency and Financial Condition Reports: European and UK life insurers

    By Neil Christy, Stuart Reynolds, William Smith | 12 February 2019

    This analysis of the European life insurance market covers 600 companies from 31 countries and one territory, representing approximately £612 billion (€691 billion) of Gross Written Premium and approximately £6,508 billion (€7,302 billion) of gross Technical Provisions.

  • Analysis of Belgian insurers’ Solvency and Financial Condition Reports: Year-end 2017

    By Nicholas Batens, Peter Franken, Wouter van Goudoever, Kurt Lambrechts, Rens IJsendijk | 11 February 2019

    This report provides a summary of Solvency and Financial Condition Reports and the main players in the Belgian market for both life and non-life undertakings.

  • Issues affecting unit-linked insurance business

    By Claire Booth, Thomas Bulpitt, Neil Christy, Emma Hutchinson, Marie-Lise Tassoni | 11 February 2019

    This paper summarises a number of the most material developments affecting unit-linked insurance business that occurred during 2018 and which remain areas of ongoing focus.

See More Articles

  • 07 February 2019

    Analysis of insurers’ Solvency and Financial Condition Reports

    This analysis compares information provided in the Qualitative Reporting Templates and the Solvency and Financial Condition Reports and draws conclusions about the balance sheets and risk exposures of European health insurers.

  • 31 January 2019

    Brief study of UK health insurers' second SFCRs

    This analysis compares information provided in the Quantitative Reporting Templates and Solvency and Financial Condition Reports and draws conclusions about the balance sheets and risk exposures of 15 UK private medical insurance and health cash plan providers.

  • 29 January 2019

    Illiquid liabilities: A myth or a reality?

    This paper explores the methodologies described by EIOPA regarding the liquidity characteristics of insurance liabilities and considers the potential implications of approaches in both the context of Solvency II and, where possible, IFRS 17.

  • 24 January 2019

    Solvency II reporting: Year end 2018 and beyond

    To help prepare for Solvency II reporting throughout 2019, we have prepared a briefing note detailing Solvency II reporting deadlines in 2019 and the changes in the reporting framework relative to the previous year.

  • 01 November 2018

    EIOPA’s opinion on the impact of Brexit on the solvency position of (re)insurers

    EIOPA have published an opinion paper focusing on the impact of Brexit on the solvency position of the EU (re)insurers.

  • 11 October 2018

    Investment strategy under Solvency II

    Insurers should consider if their existing investment strategies remain optimal, or even appropriate, under Solvency II.

  • 13 September 2018

    Pre-emptive recovery planning for insurers

    All firms should be concerned with their resilience to increased volatility, changes in regulation, and operational risk events and be ready with a proactive approach which considers the recovery response in advance.

  • 01 August 2018

    EIOPA thematic review on the use of big data

    In this briefing note, we summarise the European Insurance and Occupational Pensions Authority’s recent work on big data, including its launch of an industry survey as part of the thematic review.

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About Milliman


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For more than seven decades, Milliman has combined technical expertise with business acumen to create elegant solutions for our clients. 

Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.


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