Skip to main content
Demosthenis Demosthenous headshot

Demosthenis Demosthenous

FSA, CERA
Principal & Consulting Actuary
Nicosia, Cyprus

Demosthenis is a principal within Milliman’s ICEE Practice (Italy and Central and Eastern Europe), leading the office in Nicosia, Cyprus, that also serves the Greek market. His team also supports insurance consulting projects elsewhere in ICEE and other areas. Demosthenis joined the firm in 2011.

Download bioDownload

Experience

Demosthenis has over 22 years of combined actuarial experience in both life and non-life insurance, the last 15 in Milliman.

Demosthenis worked on a wide variety of projects, including the following:

  • IFRS 17 implementations, reviews and audits support
  • Risk management
  • Solvency II – worked on all pillars
  • Modelling for life and health products
  • Mergers and acquisitions
  • System transition
  • Assigned Actuary roles
  • Reserve reviews
  • Expert Witness

Before joining Milliman, Demosthenis worked as:

  • CNP Laiki Insurance Non-Life (Cyprus): Actuary
  • Swiss Reinsurance - Life (New York, USA): Valuation and Economic Modelling / Embedded Value
  • Swiss Reinsurance - Life &Health (London, UK): Valuation; Health Team Manager (contract)

Demosthenis is a native speaker of Greek and is fluent in English.

Publications

Read their latest work

Article

IFRS 17 benchmarking: FY 2023

30 July 2024 - by Demosthenis Demosthenous, Markus Hersche, Dilesh Patel, Jean-Baptiste Sallmann, Francois Uzan, Henny Verheugen
For European insurers, contractual service margin, risk adjustment, and reevaluations significantly influenced performance in 2023.
Article

The Greek insurance sector: Recovering like the rest of the economy but with its own challenges

10 October 2019 - by Demosthenis Demosthenous, Ed Morgan
The Greek insurance market contracted every year between 2009 and 2016, and even with improvement in the last couple of years, is still nearly 30% below the peak level reached in 2009.