The new IFRS standard for insurance contracts promises to have a transformative effect on insurers’ financial reporting. Milliman has unparalleled experience with Solvency II and other regulatory regimes, coupled with groundbreaking systems implementation and industrialisation capabilities.
Milliman is ideally placed to help your business successfully manage Solvency II implementation.
In 2018, Milliman conducted a global survey to measure the preparedness of insurers and reinsurers for the new international accounting standard, International Financial Reporting Standard 17.
The analyses underlying this report focus on the quantitative information contained in the Quantitative Reporting Templates with the Solvency and Financial Condition Reports and draw conclusions about the balance sheets and risk exposures of European non-life insurers.
