Insurance and Financial Services

Actuarial Consulting: Life or Non-Life Insurance

Against a global backdrop of fiercely competitive market conditions, we deliver broad-based consulting services in both general (non-life) and life insurance to financial service providers, including banks, building societies, insurance companies and fund managers. We assist clients with their financial reporting, strategic planning, capital management, asset liability modelling, risk management and international accounting. Much of this work is based on our actuarial capability.

We also assist clients through the merger and acquisition process, whether they are the purchaser or the seller, including mutual organisations. A host of international blue-chip organisations turn, and return, to us because our world-class actuarial advice is an integral part of our highly flexible, client-focused approach.

The breadth and depth of our work in this area allows the development of first-rate actuarial experience and calls for a balance of innate interpersonal skills and an exceptional understanding of mathematical modelling techniques.

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At full pelt, water gushes out of a tap at 7.5 litres a minute. If the overflow is blocked and it takes 90 seconds for a 6-litre sink full to go down the plughole, how long to the nearest second until the sink starts to overflow?

Every minute 7.5 litres are entering the sink, while 4 litres are draining. Therefore the sink is filling by 3.5 litres each minute. If the sink has a 6 litre capacity, then it will become full and start to overflow after 103 seconds.


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