Nick Kinrade

Nick Kinrade

Director, Actuarial & Insurance Risk

How to calibrate the IFRS 17 risk adjustment to arrive at an economic value?

A generic framework for the economic valuation of Insurance Liabilities allows companies to calibrate their risk margin to reflect a truly market-consistent value.
17

What is the future of the Swiss Solvency Test?

On 8 July 2015, the Swiss Financial Market Supervisory Authority FINMA put a revised package of circulars out for consultation. Many proposed changes have a direct and indirect impact on the Swiss Solvency Test (SST) and its use by Swiss insurers. The most significant impacts arise from the newly released circulars on public disclosure and ORSA.
17

Impact of the SNB decision on SST reporting companies

On 23 February, FINMA responded to the current economic environment and required all SST (Swiss Solvency Test) reporting companies to add a chapter to their SST Report on the effect of the SNB decision to remove the euro cap and the lowering of the base rate.
7

Finance Transformation – the impact on actuaries and actuarial departments

Many leading insurers are currently undertaking a Finance Transformation program. Whilst Finance Transformation is wide ranging and typically affects most functional areas of an insurer, actuaries can play a key role in shaping the future landscape.
17