Insurance products in Life Insurance
“Minimal” package is a one-time package, which includes reports necessarily requested by Regulator.
- conducting of the liability adequacy test of reserves on the end of the year;
- writing an Acturial report;
“Comfort” package is a one-year package, which includes main needs of the Insurance Companies in term of actuarial calculations.
“Risk Management System” package
- conducting of the liability adequacy test of reserves in each quarter;
- calculation of mathematical reserves in each quarter;
- writing an Acturial report (each quarter);
- stress-testing at the end of the year;
- consulting service.
“Risk Management System” package for the Companies allows to implement management system of the risk in accordance to the Regulator’s requirements.
- development of the document “Risk management system”;
- development of the document “Methodology of risk management”;
- development of calculations modules;
- wtiting of report on any reporting date (one-time service) “Assessment of the risk of insurer”.
- additionaly, the educational seminars are possible or/and the presentation with explanations of the results.
- proof-reading of the Rules of insurance or its development;
- development of tariffs for Rules of insurance
- verification of the tariffs for Rules of Insurance by certified Actuary.