All actuarial services | KPMG | RU

All actuarial services

All actuarial services

The team caters to most practice areas and delivers services across a range of engagements, from audit support to support in insurance

The team caters to most practice areas and delivers services across a range of engagements

Non-life insurance

  • Loss reserving to enable completeness of financial statements, diminish risks of mispricing, misallocation of capital and excess tax cost
  • Pricing of insurance premiums of existing and new products to devise the right price for risk and improve profitability
  • Devising an optimal reinsurance route to reduce aggregation of risk, smooth profitability and curtail prescribed solvency capital requirements
  • Review and improvement of underwriting policy to safeguard the portfolio from excess risk
  • Analysis of claims and risk factors to identify key sources of risk and profitability

Life insurance

  • Review and estimation of life insurance reserves for accurate allocation of capital
  • Assistance with development and pricing of existing and new products
  • Profit-testing and sensitivity analysis of existing and future products to evaluate optimal balance between profitability and capital requirements

Non-state pension funds

  • Valuation of pension obligations in compliance with IFRS (IAS 19, IFRS 4) and audit review
  • Consulting non-state pension funds on IFRS adoption, assistance in the development of accounting policies and treatments
  • Evaluation of funded status of non-state pension funds
  • Consulting on improvement of the financial performance of non-state pension fund

Pensions and long-term employee benefits

  • Valuation of post-employment or long-term benefit obligations in compliance with IFRS (IAS 19) or US GAAP (FAS 87) and audit review

Multi-disciplinary

  • Due diligence assistance on buy or sell side
  • Evaluation of pre-funding arrangements
  • Statistical modeling of claims and cashflows
  • Asset liability matching to align expected returns per asset class to expected outgo

Connect with us

Ongoing change: the Russian insurance market survey

KPMG presents this sixth annual survey of the Russian insurance market.

 
Read more

Contacts

The Russian insurance market in 2012

The results of the third annual review of the Russian insurance market.

 
Read more

Opportunities in an evolving market

This study of the insurance market is an annual project of KPMG.

 
Read more

KPMG Actuarial Services

Overview of the services provided by the Actuarial Services Group.

 
Read more