Insurance in the 21st century is becoming more of an international business.

Outsourcing actuarial functions for legacy blocks frees up an insurer’s valuable internal resources, allowing it to focus more on core strategies.

We highlight the latest noteworthy items in the life insurance industry from various regulatory agencies for June 2022.

With changes to reporting standards and regulatory regimes — plus a challenging economy — insurers reconsider the outsourcing of core actuarial functions

This paper explores options available to address the challenge of deriving market-consistent but stable long-term volatility assumptions for valuation of liabilities.

In this briefing note, we look at how organisations can structure their model governance framework and provide some ideas on how actuaries can consider the new section of ASP-PA2, in relation to model governance to ensure that they are meeting the standard.

This briefing note provides a short case study on migrating an Excel/VBA model to Milliman Mind.

This article offers a software engineer’s perspective on keeping pace with both the actuarial and software industries.

Pat Renzi discusses the impact of COVID-19 on the life insurance industry and its digital transformation.

Reduce costs through automation and harmonisation.

Manual models and processes are sometimes unavoidable; thus, where these are present in a reporting framework, (re)insurers should take care to ensure that sufficient controls and governance are in place to mitigate the risks associated with such models.