Prudential Regulation Authority’s Proposed Changes to Funded Reinsurance In this edition of Five Minutes with MBE, we speak to Chris Lennon, Actuarial Manager at MBE Consulting, about the Prudential Regulation Authority’s proposed changes to Funded Reinsurance, what they mean for insurers, and why regulatory change doesn’t always require organisations to rebuild their actuarial processes from […]
Tag Archives: actuarial data
05
Aug
Aug
Big Impacts, High Leverage Introduction In April 2026, the Prudential Regulation Authority (PRA) published a consultation paper on proposed changes to the Solvency UK treatment of Funded Reinsurance (FundedRe). Much has been written about how the proposals would significantly impact the capital positions of these transactions, whose volumes are increasing within the Bulk Purchase Annuity […]
08
Jul
Jul
Why Actuarial Performance Needs More Than Technology Actuarial functions are investing heavily in new systems, data platforms, automation and modelling capabilities. But for many organisations, the expected improvement in performance is still not fully materialising. Why? In this edition of 5 Minutes With, we speak to Andries Beukes, Partner, Actuarial Solutions at MBE Consulting, about […]
08
Jul
Jul
Why structured assessment is critical to sustained actuarial performance improvement Introduction Throughout this series, we have explored why actuarial modernisation so often falls short of expectations. We have seen that the challenge is rarely a lack of investment, capability or technical expertise. More often, it stems from the way improvement is approached. Actuarial performance is […]
07
Jul
Jul
A structured view of actuarial performance Introduction By this point, most actuarial leaders recognise that improving performance is not simply a matter of upgrading systems, improving data or enhancing models. The challenge is rarely identifying opportunities for improvement. The challenge is understanding how those opportunities relate to one another and where effort should be focused […]
29
Jun
Jun
Why some actuarial functions improve more effectively than others Introduction High-performing actuarial functions are not defined by the absence of complexity. They operate within the same constraints as other functions: legacy systems, regulatory pressure, increasing data demands, evolving business expectations and ongoing pressure to deliver more insight, more quickly. The difference lies in how they […]
22
Jun
Jun
Why investment doesn’t always improve actuarial performance Introduction Actuarial modernisation has become a strategic priority across the insurance industry. Increasing data volumes, evolving regulatory requirements and the growing demand for forward-looking insight have placed greater pressure on actuarial functions to improve how they operate. In response, many organisations have invested significantly in modernisation initiatives. Systems […]