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Insurance Consulting » Appointed Actuary & Reserving

Financial Condition Reports

The introduction of the requirement for licensed general insurers to have their Appointed Actuary prepare a Financial Condition Report ('FCR') has significantly broadened the aspects of a general insurance company's management and risk profile that the actuary is required to report on.

 

Quantium's philosophy in relation to preparation of FCRs is to design a process and document that contributes significant value to an insurer's insurance risk management process. As well as having significant experience in reserving, our consultants have significant experience in:

  • capital management and modelling
  • reinsurance analytics, program structure optimisation and buying strategy
  • business planning and forecasting
  • optimisation of strategic asset allocation and investment mandate design
  • technical pricing, pricing strategy, price optimisation and price implementation
  • Enterprise Risk Management

Our experience in these areas, gained from advising insurance clients from both within and without, ensures that we are well equipped to ensuring that our FCRs are invaluable strategic risk management documents.