Captive Actuarial Services

How well do you understand your risks?

Even familiar risks can result in significant unexpected outcomes. Structuring your captive program, pricing those risks and properly assessing the reserving requirements require experienced, insightful analysis and perspective. PricewaterhouseCoopers Global Actuarial team specialises in reviewing every aspect of captive insurance programs. Whether you are looking at establishing a new program or captive arrangement and need pricing and program structuring advice or are looking for loss reserve analysis or certification, our experienced actuarial team can add real value to your organisation.

How can an actuary bring real value?

Analysis of your organisation’s exposures can significantly improve the results from your captive by:
 

  • Determining the optimal retention level for a program based on your exposure base and historical losses;
  • Establishing an appropriate premium level by reference, among other things, to pure premium and market comparables;
  • Analysis and modeling of various reinsurance structures, retentions and limits and assessing their impact on your captive;
  • Optimising capital allocation;
  • Reviewing the appropriateness of the reserving methodology adopted by the captive;
  • In-depth reviews of group or third-party loss reserve estimates:
  • Providing loss reserve studies and statutory loss reserve certifications;
  • Scenario modeling in support of possible commutation or reinsurance negotiations;
  • Actuarial support for structured exit mechanisms such as Schemes of Arrangement or statutory liquidation; and
  • Review of responsiveness to emerging categories of risk.

There is more to it than just working the numbers

With over 550 specialists in 25 countries, we help organisations improve their understanding of their captives’ risks and add value in structuring the management of those risks. Our experienced actuarial team can provide constructive advice and actuarial input throughout the Captive Lifecycle, helping you improve your captive’s performance and optimise the use of capital.

Our Captive Insurance Team comprises experienced professionals with expertise in tax, risk management, actuarial, assurance and business closure. We are uniquely qualified to address the issues facing your captive.