Work scope 

  • Support for the establishment of an IFRS 17 system
  • Support for the establishment of the LAT (Liability Adequacy Test) system
  • Support for the establishment of a CFP ( Cash Flow Pricing )-based calculation system

  • Support for the establishment of a product development (pricing, repricing) management system

  • Support for the establishment of a system for calculation and management of best assumptions

  • Support for the establishment of an ALM ( Asset & Liability Management) system

  • Support for the establishment of an EV (Embedded Value) system

 Execution method 

  • IFRS 17 consulting and design of an insurance liability evaluation model
  • Analysis of experience data and calculation of best assumptions for assessment of insurance liabilities
  • Support for the establishment of an experience statistics system to determine best assumptions
  • Establishment of a pricing method and profit-loss analysis method based on the CFP method
  • Support for the adoption of the actuarial services solution KAS