Actuarial Services

New markets explode into major growth opportunities. Competitors emerge from nations on the other side of the world. Decisions are made more quickly and frequently than ever before. There is no time to lose.

The shortage of experience intensifies the need to access global knowledge and resources to unleash the potential of your company. Success in the future requires access to global insight and innovation combined with informed and experienced local execution. We can help you transform your global business agendas into a local reality.

Never has it been more critical for companies to understand and stay in tune with the changing climate of their business. Companies want to achieve competitive advantage and adapt quickly to the evolving business environment.

Yet, there is a growing gap between the volume and complexity of risks that companies face today and the techniques available to manage them. We can help fill those gaps by providing services that can enhance your company's decision-making.

We combine global insight and local reach to assist financial services and insurance clients in developing and validating strategies to make sound decisions. The outcome of this collaboration is important to the success of your enterprise.

Solvency II: Update 2007

Although Solvency II has been pushed back to 2012, insurers need to take steps to prepare. Join members of Ernst & Young’s Solvency II task force on October 25 at 5:00 a.m. or 1:00 p.m. ET for a Thought Center Webcast as they discuss the current state of the Solvency II Directive and implications for US insurers.

Register for the 5:00 a.m. ET webcast.
Register for the 1:00 p.m. ET webcast.

Actuarial Transformation™ Roundtable: Business Intelligence Strategies

The required analytical capabilities associated with actuarial modeling and risk management needs are growing due to regulatory changes, product innovations, and competitive forces. As organizations search for more transparency, foresight, and visibility, actuaries face new challenges in analyzing and confidently explaining financial results. Discusses business intelligence strategies that organizations are implementing to improve valuation, reporting, risk management, and modeling processes (pdf, 325K).

Actuarial Transformation Roundtable^TM: Data Governance Strategies

In today’s highly competitive and volatile environment, it is more critical than ever for insurers to have robust valuation, risk-management, hedging, modeling and decision-support capabilities to compete successfully and simultaneously satisfy emerging reporting and regulatory requirements. Discusses how the insurance industry is seeking to automate processes and improve data quality and governance (pdf, 208K).

Risk and reward in the real world

The global insurance industry is undergoing a fundamental and far-reaching change, driven by accounting and regulatory bodies and investors. In Europe, accounting is moving to fair value. In the US, the Financial Accounting Standards Board (FASB) has endorsed fair value as its ultimate goal. Read this report for an update on the new accounting standards and principles-based frameworks (pdf, 6.2M) relating to embedded value and economic capital.

Retirement Income
Knowledge Bank™

Ernst & Young’s Retirement Income Knowledge Bank™, a product licensed by Ernst & Young Product Sales LLC, is a continuously updated, comprehensive source of retirement income product information for banks, insurance companies, broker-dealers, and money managers.

We provide quality service.