\u00a0\u00a0Formation of reserves for life insurance agreements is an essential element in ensuring the solvency of any insurance company. That is why the responsibility for carrying them out clearly should lay on qualified and certified actuarial reports specialists. \u2018LUTS Consulting\u2019 team can definitely assist you with it.<\/p>\r\n
\u00a0\u00a0Our actuaries have large experience in working on Ukrainian insurance market and offer to carry out the evaluation of math reserves of Insurance Company according to Regulator and IFRS.<\/p>\r\n
\u00a0\u00a0We can calculate the Company\u2019s reserves based on the existed Regulations of Life Insurance Reserve Formation. Also, we can help to develop new \u00a0Regulations\u00a0based on the best assessment methods, business features and given statistics if needed.<\/p>\r\n
\u00a0\u00a0In addition to the reserves evaluation, our actuaries can calculate redemption and reduced amounts according to current insurance methods, including confirmation and independent checkup of accordance of calculations to the methods.<\/p>\r\n
\u00a0\u00a0The results of any our work are shaped into Actuary report that contains the information about actuary assumptions and methods that have been used. All our reports, as well as calculation results that will be shown in reporting,\u00a0 are signed by the certified actuary.<\/p>\r\n
\u00a0\u00a0Our team assists the client\u2019s Company in terms of all calculations in case of Regulatory or External Auditor\u2019s checkup. Furthermore, we can carry out the presentation on reserve evaluation methods and results for any audience.<\/p>\r\n