Ready for new regulations?
Understand how actuarial valuations enhance decision making on different topics, including new regulations, pensions, audits and more.
New regulations affecting specific sectors place increased demands on reporting requirements. Solvency II for the insurance industry is one such example.
We can demonstrate how actuarial valuations can enhance your decision-making process. Specifically, we can help you prepare calculations for reporting under IFRS, USGAAP, IPSAS and others. We can help you fully understand international accounting standards and what they mean for your company.
We can also perform an ALM study to identify potential risk areas to help you reduce cash costs.
Effective reporting of employee benefits schemes
Actuarial valuations can be particularly beneficial before, during and following a merger or acquisition to help you estimate costs and integrate employee benefit schemes efficiently.
We regularly support the calculation efforts of pension funds to fulfil annual accounting requirements with regards to technical provisions and have specific expertise in helping them complete their reporting processes efficiently.
A sound solvency model
Based on our vast audit experience, we understand what auditors require and can help you provide precisely that, improving efficiency and making sure you’re well prepared for the audit process. We can work with you to make sure that your proprietary solvency calculation model is in line with requirements to allow you gain the best results for your specific insurance business, while assuring compliance. And we can support your compliance efforts toward new regulatory requirements within the necessary timeframe.
We actively support specific branches of activity, such as Belgian health insurance funds (mutuelles/ziekenfonds) and large multi-branch insurance companies with Solvency II concerns from a technical perspective.
An all-inclusive approach
Our actuarial services reach far beyond the Belgian border, enabling us to call on best practice and expertise from other specialists in the PwC network. Beyond actuarial services, we have vast industry experience and expertise in the fields of legal and taxation too. We approach each project from all angles to make sure that all aspects are addressed.
We believe in clear communication, explaining what we’re doing and how your organisation will benefit.