Technical Practices Survey 2015 | KPMG | Malta
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Technical Practices Survey

Technical Practices Survey

Insight into the range of actuarial practices undertaken by UK Life Insurance firms.

1000

Director, Insurance Advisory Services

KPMG in Malta

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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:

  1. Reporting;
  2. Modelling practices;
  3. IMAP; and
  4. Treatment of Sovereign debt.

The survey will, as always, be refreshed during 2016 with the results to be published during the second half of the year. 

© 2018 KPMG, a Malta civil partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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