Services
We provide actuarial services to all property-casualty insurance and related businesses. Please click on the headings below to obtain more information about each practice area.
Appointed Actuary
- Expression of opinion of policy liabilities
- Expected Future Financial Condition
- Dynamic Capital Adequacy Test (DCAT)
- Internal MCT or BAAT Target
- Standardized Stress Testing (SST)
Audit Support
- Actuarial specialist role
Demutualization
- Assessment of surplus
- Distribution of surplus
- Report to policyholders
Enterprise Risk Management
- Economic capital modelling
- Development of risk appetite, risk capacity and risk profile
- Reinsurance analysis and alternate risk transfer strategy
- Integrated risk analysis
- Optimization of capital allocation
- Preparation and maintenance of a risk registry
Expert Witness
- Court appearance in litigation
- Arbitration and public hearing
External Peer Review
- Review of other actuary's work
Financial Planning
- New company formation
- Insurance company license application
- Business plan and financial projections
- Capital requirement
Funding and Risk Retention
- Self-insurance and self-retention analysis for associations, captive insurers and manufacturers
- Premium requirement for reciprocals, self-insurers and captives
- Net retention or risk transfer analysis
- Risk and reward analysis
- Rate stabilization reserve
Independent Actuary
- Role required by OSFI Guideline E14
Investment Strategy
- Optimal asset allocation
- Asset liability management within enterprise's risk appetite
Liability Analysis
- Claim reserve analysis
- Warranty cash flow projection
- Claim reserve variability
Mergers & Acquisitions, Amalgamations
- Value assessment of an active company or a block of business
- Due diligence
- Matching partners
- Policy liability assessment
- Report to insurance regulator
Own Risk and Solvency Assessment
- Developing an internal documented process
- Integrating ORSA into an ERM framework
- Independent assessment of a client’s current ORSA
- Evaluating long-term capital efficiency
Product Pricing
- Rate adequacy study
- Rating factor and algorithm
- Target return on equity (economic capital)
- Fair related party pricing
