Insight into the range of actuarial practices undertaken by UK Life Insurance firms.
The main focus of our Technical Practices Survey for 2015 is Solvency II.
The report draws out the areas of the regulations which have become clearer since the 2014 report was produced (for example the matching adjustment and the volatility adjustment) and also highlights how practices have changed since 2014 (for example the methods used to determine the capital stresses and size of the stresses assumed).
Key findings from the survey touch on a number of different areas including:
The survey will, as always, be refreshed during 2016 with the results to be published during the second half of the year.
© 2017 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
KPMG International has created a state of the art digital platform that enhances your experience, optimized to discover new and related content.