In this blog, Richard Holloway discusses the IASB paper and its proposed changes to the approach to accounting for reinsurance under IFRS 17.
I advise a range of insurance and reinsurance clients on matters including the design, building, and validation of capital models for Solvency II.
During my time at LCP, I have developed several new techniques for dependency modelling within capital models and for presenting the results of such models. In addition to this, I co-chair LCP’s Heads of Capital Forum which uses anonymous polling to prompt discussion around topical issues in modelling.
I am a qualified Chartered Accountant which means I also provide insight on accounting issues that arise as part of financial modelling. My interest in stochastic models has led to me recently presenting at GIRO on “Making the most of your granular claims data".
LCP consistently deliver a quality service in a way that makes my working life easier.
In this blog, Katie Salisbury and Richard Holloway provide their advice on how managing agents can meet the requirements of the 3 year targeted validation plan.
How I can help
We work with insurers to help them better understand and manage the risks they face and their capital requirements.Discover more
We help organisations to unlock business value from their Solvency II processes.Discover more
We can help you harness your data for competitive advantage, through powerful analytics and deep industry knowledge.Discover more
We provide an alternative, external view on the best estimate level of reserves for insurers and also help them understand the key drivers of variability around that best estimate.Discover more
We help our insurance clients to develop strong links between their strategy, capital management and risk management processes, improving their chances of business success.Discover more