Evolving regulatory and financial reporting standards are challenging to interpret and implement. Milliman provides end-to-end support Solvency II, IFRS, and US GAAP, as well as the implementation of economic capital (EC) models. With decades of experience, we have the historical understanding, agency relationships, and tools and expertise to streamline and improve compliance.
Accurate, actionable financial projections and reporting require sophisticated modeling tools and expertise in regulatory environments across the globe. We design and customize financial projection tools that help you understand the impact of pending changes on reserves and capital. With a clear, independent analysis of your financial situation and capital requirements, you can make strategic decisions built on top-quality projections.
Our sophisticated stochastic modeling tools can help calculate items such as discounting, risk margins, and the correlation between different lines of business for the preparation of financial statements in accordance with the latest IFRS accounting standards. We communicate concepts in a clear, concise, and informative manner so you can act on the information.
The EU Solvency II directive affects all operations that are at the heart of the insurance business: pricing, underwriting, assessment, risk management, assets management, internal and external reporting, and more. We are one of the world’s leading experts on Solvency II and approach these issues in a holistic fashion, helping you go beyond the basics and use modern modeling approaches to improve your business.
