We help clients to navigate these complex issues, delivering clear advice and real-world solutions based on our extensive experience of the insurance sector.
Barnett Waddingham’s services for insurers are built around seven specialist areas:
Providing specialist skills in core actuarial areas including reserved role work, Solvency II calculations, and independent expert work as well as in the developing risk fields of model validation, ORSA and risk and internal audit co-sourcing. In addition our life and non-life actuarial and risk management teams manage our market leading SIImplify tool which provides those insurers wishing to calculate their own Solvency Capital Requirement with a cost efficient Excel based tool to do this.Read more
Providing core actuarial specialisms in reserving, Solvency II calculations and pricing and risk expertise in capital management and model validation. In addition our life and non-life actuarial and risk management teams manage our market leading SIImplify tool which provides those insurers wishing to calculate their own Solvency Capital Requirement with a cost efficient Excel based tool to do this.Read more
Providing a market-leading range of insurance specific advice on investment issues including manager selection and benchmarking asset allocation advice. In addition we can provide investment governance support through our outsourced investment function offering.Read more
Providing a range of insights and modelling support on mortality, morbidity and longevity risk for insurers through our specialist longevity consulting practice. In addition we can provide specialist model validation services to insurers looking to validate their longevity modelRead more
The introduction of Solvency II has led to insurers reflecting on their businesses and available capital. We have seen numerous consolidations, sales and launches of product lines and risk transfers. Insurers are also investing in improving their customer engagement.Read more
We build a bespoke team based on your exact requirements. Our partner-led approach means you will have access to senior knowledgeable consultants who will remain personally involved at all levels of the work.
Our growing client base covers a broad range of life and general insurance companies, from niche insurers to FTSE100 firms and global insurers.
John Hoskin looks at CP16/17. This is not 'just another' consultation paper on PRA fees.
Scott Eason explains why you will need regular data from your asset manager to produce KIDs for PRIIPS
The first public submissions of the Solvency and Financial Condition Report (SFCR) for the majority of firms were published in late May this year. In this series of blogs we present the key findings of our analysis of each section of the SFCR.
It has been a steady start for the UK bulk annuity insurers in the first part of 2017. For schemes considering a partial transaction, pensioner pricing continues to look attractive relative to gilt yields.
The CMI Model is calibrated to data for the general population but is typically applied to pensioner or annuitant portfolios. These have different mortality rates and may experience quite different mortality improvements.
Final reporting from the insurers for 2016 confirmed a flurry of activity in the last quarter of the year, with a significant amount of transactions completed. This resulted in total business with UK pension schemes of just over £10.2bn for 2016.
In this webinar we will demonstrate how easy it is to create Key Information Documents (KIDs) for Packaged Retail and Insurance-Based Investment Products (PRIIPs), in line with the new regulations coming into force on 1 January 2018.
Currently most models are run in Microsoft Excel with data being sent back to a relational database such as a SQL server. We will discuss the latest thinking around the underlying data model, with a particular focus on adopting noSQL databases.
Barnett Waddingham and SolvencyIISolutions present SIIMPLIFY (Pillar 1 standard formula Solvency Capital Requirement tool) and Tabular (Pillar 3 reporting tool).
A recent investigation by Barnett Waddingham has uncovered significant inconsistency in the investment performance of UK with profit funds
This is the third investigation Barnett Waddingham has conducted into the investment strategies of UK with-profits funds.
This is the second investigation Barnett Waddingham has conducted into the with-profits investment strategies of directive insurers that are full members of the Association of Financial Mutuals.
We jointly advised trustees and company on a medically underwritten pensioner buy-in achieving very significant savings of >10% relative to traditional approach – successfully securing around £25m of the pensioner liability at no additional funding cost.
A recent investigation by Barnett Waddingham has uncovered significant inconsistency in the investment performance of UK with profit funds.
To support continued business growth, Barnett Waddingham, the UK’s largest independent provider of actuarial, administration and consultancy services, is proud to announce the promotion of six of its staff to partners and 12 to associates.
To support continued business growth, we are proud to announce the promotion of six of our associates to partners and 12 of our staff to associates.