From implementation to optimisation, orchestration and AI-enabled actuarial operations. Introduction: What Comes After Implementation? For much of the last decade, actuarial modernisation has been driven by technology transformation. Insurers have invested in new actuarial platforms, implemented IFRS 17, replaced legacy systems and introduced more sophisticated modelling environments. These initiatives were necessary. They established the technology, […]
Tag Archives: risk adjustment
02
Sep
Sep
From AI Potential To Actuarial Performance. Why AI Alone Won’t Transform Your Actuarial Function Introduction Artificial intelligence is rapidly changing the conversation across insurance. From underwriting and claims to pricing, customer service and risk management, the potential applications appear almost limitless. AI promises faster decisions, improved productivity, deeper insights and entirely new ways of operating. […]
06
Aug
Aug
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 […]
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 […]