We are ready to help insurance companies by providing actuarial services including:

• Statutory actuarial valuation required by supervising authority;
• Loss reserving in non-life insurance (IFRS and local GAAP);
• Calculation and analysis of life insurance reserves;
• Ratemaking and development of pricing models;
• Loss ratios and solvency monitoring;
• Statistics analysis and development including life and disability tables.

The Company also provides actuarial audit support including the analysis of methods used and technical reserves adequacy.

Many Russian companies which provide non-state pensions and other long-term employee benefits are required to record their financial statements in accordance with IFRS. We offer benefit obligation valuation services and prepare actuarial report in accordance with IAS 19. The Company has an extensive experience in the valuation of employee benefits obligations of enterprises of different industries and sizes and of cooperation with auditors from the Big Four. 

We provide actuarial services to non-state pension funds (NPF) including:

• Statutory actuarial valuation of NPF’s liabilities required by supervising authority;
• Design of actuarial procedures for pension funds;
• Modelling and actuarial analysis of pension schemes;
• Development of life  tables on the basis of a fund statistics; sensitivity analysis of liabilities to changes in mortality.

Our experts have an extensive experience in conducting researches in the following areas:

• Pension systems development, actuarial valuation and modelling of pension systems;
• Researches in the area of social insurance including sickness and maternity and work injury insurance and medical insurance;
• Studies of different compulsory and quasi-statutory insurance schemes, ratemaking and reserving for MTPL, transport operators’ liability, state-supported agricultural insurance etc.

Several books and multiple articles were published on the basis of the studies conducted.